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Under Armour Miss; eBay Rejects GameStop; On Rises
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Under Amrour (UAA) shares are sliding after it forecast adjusted earnings per share for 2027 amd the guidance missed the average analyst estimate.
- GameStop (GME) shares are lower as well as eBay (EBAY) shares after Ebay rejected a $56 billion takeover offer from GameStop Corp. Chief Executive Officer Ryan Cohen, calling the bid “neither credible nor attractive." The rejection potentially sets up a proxy fight to replace eBay’s board with one favorable to a GameStop deal.
- On Holdings (ONON) shares are higher after it boosted its adjusted Ebitda margin forecast for the full year.
- Hims & Hers (HIMS) shares are lower after reporting a first-quarter loss and sales that missed Wall Street estimates due to higher costs associated with its strategic pivot to branded weight-loss medications.
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