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Robinhood Drops; Avis Lower; Adidas Jump
Published 2 days, 22 hours ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Robinhood (HOOD) is down after the firm said expenses jumped 18% in the first quarter and warned that its “Trump account” push would require an additional $100 million investment.
- Avis Budget Group (CAR) is moving lower after it reported a worse-than-expected loss for the first quarter the morning after a major investor revealed it sold a portion of its stake, sending the shares tumbling yet again.
- Adidas AG (ADDYY) is moving higher after reporting upbeat first-quarter results supported by strong momentum in its apparel division and healthy demand for its football, running and training products.
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