Company News For Oct 3, 2018

Shutterstock photo

  • Amazon.com Inc.'s AMZN shares declined 1.7% following news that the company has decided to hike minimum wage rate to $15 per hour for all U.S. employees effective Nov 1
  • Shares of Clovis Oncology Inc. CLVS soared 7.7% following news that its upcoming drug Rubracafor the treatment of prostate cancer, received breakthrough therapy designation from the FDA
  • PepsiCo Inc.'s PEP shares dropped 1.8% after the company reduced its full-year 2018 core earnings per share guidance from $5.70 to $5.65 due to strong dollar
  • Shares of Stitch Fix Inc. SFIX plunged 35.2% after posting fiscal fourth-quarter 2018 revenues of $318 million, missing the Zacks Consensus Estimate of $319 million

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Amazon.com, Inc. (AMZN): Free Stock Analysis Report

Pepsico, Inc. (PEP): Free Stock Analysis Report

Clovis Oncology, Inc. (CLVS): Free Stock Analysis Report

Stitch Fix, Inc. (SFIX): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Investing Ideas , Stocks
Referenced Symbols: AMZN , PEP , CLVS , SFIX

More from Zacks.com




Equity Research

Research Brokers before you trade

Want to trade FX?