
Aaron McDade
Breaking News Reporter at Investopedia
Breaking News Reporter @Investopedia | Formerly: @BusinessInsider @Newsweek
Articles
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5 days ago |
investopedia.com | Aaron McDade
Key Takeaways Lyft ( LYFT) shares soared Friday, a day after the ridesharing company topped first-quarter gross bookings estimates and boosted its stock buyback program. Shares were up over 23% in recent trading, hitting their highest price since December earlier in the session at $16.14. The company said after the bell Thursday that its board approved a new $750 million buyback plan, and expects to use $500 million of it over the next 12 months.
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5 days ago |
finance.yahoo.com | Aaron McDade
Kevin Carter / Getty Images Investors will be looking for updates in the coming weeks on Tesla's plans for its self-driving robotaxis Tesla (TSLA) shares jumped Friday, extending Thursday’s gains fueled by trade deal optimism after President Donald Trump announced a trade agreement with the U.K. and suggested more deals are on the way. The stock climbed nearly 5% to close at $298.26, its highest price since February, logging gains for the third straight week.
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5 days ago |
investopedia.com | Aaron McDade
Key Takeaways Shares of Expedia Group ( EXPE) tumbled 10% in premarket trading Friday, a day after the travel platform's first-quarter results came in worse than expected and it lowered its full-year outlook amid weak U.S. demand. The company behind its namesake travel booking platform and others like Vrbo and Hotels.com reported revenue of $2.99 billion and $31.45 billion in total bookings, both up from the same time last year but below what analysts polled by Visible Alpha had expected.
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6 days ago |
investopedia.com | Aaron McDade
Shares of Texas Roadhouse ( TXRH) rose in premarket trading Friday, a day after the steakhouse chain's comparable sales results and outlook came in aboveanalysts' estimates. Texas Roadhouse reported first-quarter comparable sales at company restaurants rose by 3.5%, while analysts polled by Visible Alpha had expected 3.0% growth.
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6 days ago |
investopedia.com | Aaron McDade
Key Takeaways Shares of Tapestry ( TPR) rose Thursday after the owner of fashion brands reported better-than-expected fiscal third-quarter results and lifted its full-year outlook. The Coach and Kate Spade parent posted adjusted earnings per share (EPS) of $1.03 on revenue of $1.58 billion. Analysts polled by Visible Alpha expected $0.88 and $1.53 billion, respectively.
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