A slew of technology and retai

2022-12-02

A slew of technology and retail stocks made the biggest moves during midday trading Thursday.

Salesforce — Shares of the cloud-based software company slid more than 9% after the firm announced the sudden departure of co-CEO Bret Taylor.

Costco – Shares of retailer Costco shed nearly 6% after the company reported softer-than-expected sales figures for November that could signal a weak consumer heading into the holiday shopping season.

Okta — The identity management software provider's stock surged more than 23% after the company shared a better-than-expected outlook and topped Wall Street's estimates for the recent period.

Dollar General – The discount retailer saw its shares drop more than 8% after posting earnings for the latest quarter than fell short of analysts' expectations by 21 cents per share and lowered its annual forecast due to higher costs.

@Daily_Discussion

💰 Stocks to watch today?(05 Nov)

1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Dino Dino
2022-12-02
Dino Dino
Good info.
DMC8
2022-12-02
DMC8
TKs
Cl goh
2022-12-02
Cl goh
👍
TweetyCSL
2022-12-02
TweetyCSL
[Like]
HC1979
2022-12-02
HC1979
Ok
kjy
2022-12-02
kjy
👍

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