Markets

Company News for December 23, 2016

• Shares of Bed Bath & Beyond Inc. ( BBBY ) tanked 9.2% after the company third quarter earnings per share of $0.85 were substantially below the Zacks Consensus Estimate of $1

• Shares of Micron Technology, Inc. ( MU ) soared 12.7% after the company reported first-quarter fiscal 2017 earnings per share of $0.28 that came in ahead of the Zacks Consensus Estimate of $0.24

• Shares of Red Hat Inc ( RHT ) plunged 13.9% after resignation of Chief Financial Officer Frank Calderoni and a downbeat revenue outlook for fiscal 2017 did not go well with investors

• Apple Inc.'s ( AAPL ) shares declined 0.7% after Nokia said it had sued the iPhone maker for patent infringement

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

BED BATH&BEYOND (BBBY): Free Stock Analysis Report

MICRON TECH (MU): Free Stock Analysis Report

RED HAT INC (RHT): Free Stock Analysis Report

APPLE INC (AAPL): Free Stock Analysis Report

To read this article on Zacks.com click here.

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


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

In This Story

BBBY MU AAPL

Other Topics

Investing Stocks

Latest Markets Videos