Episode Details
Back to Episodes
Snowflake, Dollar Tree, Eli Lilly All Surge
Description
On this episode of Stock Movers:
- Snowflake (SNOW) shares surged by the most in more than five years after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon.com Inc.’s cloud services and chips.
- Dollar Tree (DLTR) shares rise 11% ahead of the bell after the retailer boosted its adjusted earnings per share guidance for the full year above the consensus estimate after stronger-than-expected performance in the first quarter. The stock had been down 22% year-to-date through Wednesday’s close.
- Eli Lilly (LLY) said it will press ahead with global drug launches despite uncertainty over the Trump administration’s Most-Favored-Nation pricing proposal, which sparked industry concerns that the policy could deter rollouts in lower-priced markets such as Japan. Shares gain as much as 6%, potentially breaks out to a new all-time high.
See omnystudio.com/listener for privacy information.