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Gap Rises, Eli Lilly Jumps, Ross Stores Gains on Guidance
Published 3 months, 3 weeks ago
Description
On this episode of Stock Movers:
- Gap (GAP) shares rise after the company said its sales came in stronger than expected, bucking the trend across the majority of retail and restaurant chains that have been warning of consumers’ deepening caution in recent weeks.
- Eli Lilly (LLY) shares jump after the world’s largest drugmaker just notched another milestone: it’s the first health-care company to cross the $1 trillion threshold as investors bet big on the drugmaker’s weight-loss medicines.
- Ross Stores (ROST) shares gain after the discount retailer raised its earnings per share forecast for the full year. The improved guidance came in above the average analyst estimate.
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