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Whirlpool, Shake Shack, and Beyond Meat Slide
Published 1 month, 2 weeks ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Whirlpool (WHR) is dropping after the household appliance manufacturer cut its revenue forecast for the full year, missing the average analyst estimate.
- Shake Shack (SHAK) is sliding after the burger chain reported adjusted Ebitda and revenue for the first quarter that missed the average analyst estimate, which the company blamed on “significant weather impacts.” The stock had been up 19% YTD through Wednesday’s close.
- Beyond Meat (BYND) is also moving lower after reporting net Q2 revenue that missed estimates.
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