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Home Economy Tax News

Stocks make the biggest movements Premarket: Target, Palo Alto Networks, Lowe's, UnitedHealth and More

by Nick Erickson
May 21, 2025
in Tax News
Reading Time: 2 mins read
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Stocks make the biggest movements Premarket: Target, Palo Alto Networks, Lowe's, UnitedHealth and More
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View the companies that get the headlines for the bell. Palo Alto Networks – Shares of the Cyber ​​Security Company fell 3.7% after the gross margin of Palo Alto Network for the fiscal third quarter came under estimates. However, the company still reports in the expectations of profit and turnover. UnitedHealth – shares fell more than 6% after HSBC has reduced the giant of the health insurance and said that valuations have still been raised despite a recent routes. Target-De shares of the retailer decreased 3.5% after Target had missed the estimates of the first quarter and lowered the sales for the entire year. Managers gave the rate of uncertainty, weaker discretionary editions and recovery of the recovery of the company of important diversity, fairness and inclusion efforts for his performance. Lowe's – shares of the home improvement store rose by 2%. Lowe again confirmed his prediction for the entire year, so that the retailer was put on the right track for revenue growth on an annual basis. Lowe's also reported a profit of $ 2.92 per share, which defeated an LSEG estimate of $ 2.88 per share. The turnover of $ 20.93 billion just shy was shy by the expected $ 20.94 billion. Toll Brothers-de Thuisbouwer rose above expectations by more than 4% after the results of the tax second quarter. Toll Brothers reported $ 3.50 in profit per share at $ 2.74 billion in income. Analysts examined by LSEG were looking for $ 2.83 per share in profit and $ 2.48 billion in income. Carter's – Shares of the children's clothing company threw around 6% after Carters have reduced its quarterly dividend to 25 cents per share, a decrease of 80 cents per share. The company's chief executive said in a release that Carter's dividend was wrongly aligned with its profitability against the current market environment, and that higher rates could lead to considerably higher product costs. Wolfspeed – Shares of the Semiconductor supplier fell more than 60% after the Wall Street Journal had reported, with reference to sources familiar with the issue that Wolfspeed prepares to submit a bankruptcy within a few weeks. Xpeng-de Chinese EV maker rose 5% in the premarket after a smaller than expected loss for the first quarter. Xpeng added that it will deliver between 102,000 and 108,000 vehicles in the second quarter. This represents an increase of more than 200%on an annual basis. – CNBC's Sarah Min and Jesse Pound contributed reporting.

Tags: AltoBiggestDailyExpertNewsLowe39smovementsNetworksPaloPremarketStockstargetUnitedHealth

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