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Earnings To Watch: Leslie's (LESL) Reports Q3 Results Tomorrow
Pool products retailer Leslie’s (NASDAQ:LESL) will be announcing earnings results this Tuesday after market hours. Here’s what to look for.
Okta (OKTA) Q3 Earnings Report Preview: What To Look For
Identity management company Okta (NASDAQ:OKTA) will be reporting earnings this Tuesday after the bell. Here’s what to expect.
GitLab (GTLB) Reports Earnings Tomorrow: What To Expect
DevSecOps platform provider GitLab (NASDAQ:GTLB) will be reporting results this Tuesday after market hours. Here’s what you need to know.
What To Expect From Cracker Barrel’s (CBRL) Q3 Earnings
Restaurant company Cracker Barrel (NASDAQ:CBRL) will be reporting earnings next Tuesday afternoon. Here’s what investors should know.
Earnings To Watch: Pure Storage (PSTG) Reports Q3 Results Tomorrow
Data storage solutions provider Pure Storage (NYSE:PSTG) will be reporting earnings this Tuesday after market close. Here’s what you need to know.
Campbell's (CPB) Reports Earnings Tomorrow: What To Expect
Packaged food company Campbell's (NASDAQ:CPB) will be announcing earnings results next Tuesday before market open. Here’s what to expect.
Earnings To Watch: MongoDB (MDB) Reports Q3 Results Tomorrow
Database platform company MongoDB (NASDAQ:MDB) will be reporting results this Monday afternoon. Here’s what to look for.
Earnings To Watch: Vestis (VSTS) Reports Q3 Results Tomorrow
Uniform rental provider Vestis Corporation (NYSE:VSTS) will be reporting earnings this Monday after the bell. Here’s what investors should know.
Why Tilray (TLRY) Shares Are Plunging Today
Shares of cannabis company Tilray Brands (NASDAQ:TLRY) fell 16.4% in the after-market session after the company announced it would implement a 1-for-10 reverse stock split. A reverse stock split combines multiple shares into one, which increases the price per share without changing the company's total value. Although management noted the move was intended to make the company more attractive to institutional investors and cut up to $1 million in yearly administrative costs, investors reacted negatively. Such actions can be viewed by the market as an effort to keep a stock's price above an exchange's minimum listing requirements. The significant drop in the stock's price reflected these concerns. Also contributing to the market reaction was the news that the company announced it would implement a 1-for-10 reverse stock split. A reverse stock split combines multiple shares into one, which increases the price per share without changing the company's total value. Although management noted the move was intended to make the company more attractive to institutional investors and cut up to $1 million in yearly administrative costs, investors reacted negatively. Such actions can be viewed by the market as an effort to keep a stock's price above an exchange's minimum listing requirements. The significant drop in the stock's price reflected these concerns.
Stocks making big moves this week: Deere, Marvell Technology, Elevance Health, Align Technology, and Tenet Healthcare
Check out the companies making headlines this week: