Episode Details
Back to Episodes
STMicro Jumps, Heineken Falls, L'Oreal Rises
Published 1 week, 2 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- STMicro, a chip supplier for Tesla and Apple forecast revenue for the current quarter that beat analysts’ estimates as demand picked up following a prolonged slump.
- Heineken beer volumes fell 0.8% in the first quarter as demand declined in crucial markets including Europe and the Americas.
- L’Oréal shares surged after sales climbed as customers snapped up its Kérastase shampoos and La Roche-Posay skin creams, suggesting a rebound is taking hold.
See omnystudio.com/listener for privacy information.