Higher Costs Cut Into CarMax Results CarMax results (NYSE: KMX) reveal the used car industry is not immune to global issues plaguing the market today. Not only are rising costs digging into the bottom line but there is the omnipresent issue of the global semiconductor shortage. The semiconductor shortage has caused a severe cut back…
U.S. consumers continue to be concerned about the sustainability of economic recovery from the pandemic-led slump, surging Delta variant threats and increasing inflation levels. Consequently, consumer confidence in the United States slipped to a seven-month low in September. The Conference Board’s measure of consumer confidence index stands at 109.3 (the lowest level since February) in…
Stocks tumbled to start the final week of the third quarter and continued to fall Thursday in what’s been an up and down period. Wall Street’s attention remains on the Fed and what’s next for the U.S. economy as supply chain setbacks and the delta variant disrupt what was a booming comeback. – Zacks Economists…
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Winnebago Industries (WGO) closed at $72.45 in the latest trading session, marking a -1.91% move from the prior day. This change lagged the S&P 500’s daily loss of 1.19%. – Zacks Heading into today, shares of the recreational vehicle maker had gained 4.09% over the past month, outpacing the Construction sector’s loss of 6.21% and…
Tilray, Inc. (TLRY) closed the most recent trading day at $11.29, moving +1.62% from the previous trading session. The stock outpaced the S&P 500’s daily loss of 1.19%. – Zacks Prior to today’s trading, shares of the company had lost 18.13% over the past month. This has lagged the Medical sector’s loss of 4.53% and…
Ultra Clean Holdings (UCTT) closed the most recent trading day at $42.60, moving +1.55% from the previous trading session. This change outpaced the S&P 500’s 1.19% loss on the day. – Zacks Prior to today’s trading, shares of the chipmaking equipment services company had lost 6.86% over the past month. This has lagged the Computer…
Uber Technologies (UBER) closed the most recent trading day at $44.80, moving +0.63% from the previous trading session. This move outpaced the S&P 500’s daily loss of 1.19%. – Zacks Heading into today, shares of the ride-hailing company had gained 9.6% over the past month, outpacing the Computer and Technology sector’s loss of 5.5% and…
Suncor Energy (SU) closed at $20.74 in the latest trading session, marking no change from the prior day. This change was narrower than the S&P 500’s daily loss of 1.19%. – Zacks Prior to today’s trading, shares of the energy company had gained 12.35% over the past month. This has outpaced the Oils-Energy sector’s gain…
USA Truck (USAK) closed the most recent trading day at $15.28, moving +1.06% from the previous trading session. This change outpaced the S&P 500’s 1.19% loss on the day. – Zacks Prior to today’s trading, shares of the truckload carrier had gained 2.51% over the past month. This has outpaced the Transportation sector’s loss of…