Shares of Salesforce rallied Friday as Wall Street bets that activist pressure may again help revive an otherwise dragging stock. Jeff Smith’s Starboard Value increased its...
Category: Earnings
Sweetgreen shares drop 23% after salad chain cuts outlook for the second time in two quarters
People walk past a Sweetgreen restaurant in Manhattan. Jeenah Moon | The Washington Post | Getty Images Sweetgreen shares dropped 23% on Friday after the salad...
Wall Street analysts rush to Eli Lilly’s defense but investors aren’t listening yet
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1....
Texas Roadhouse’s mixed results capture the conundrum this stock has become
Texas Roadhouse on Thursday evening reported mixed second-quarter results as elevated beef prices weighed on profitability. Still, the company posted strong comparable sales and said the...