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Hot Stock Minute: Dark Day for First Solar, Questions about Papa John’s Dough and more…
By Dan Berman | Hot Stock Minute – 2 hours 19 minutes ago
BLast night as a dark one for First Solar (FLSR). Shares of the company fell more than 10-percent in after-hours trading. The drop occurred after the company reported earnings. It missed by just a penny, but gave a gloomy outlook.This is a company that's done rather well over the past year. It's low back in May was a little over $11, so even with the pullback now, shares prices have nearly tripled.
Apple (AAPL) holds its annual shareholder meeting today. There are rumors the company is considering a split. Apple stock has of course soured since the summer, dropping from more than $700 to around $450.
Target
Reporting this morning: Two discount giants, Target (TGT) and TJX (TJX). First Target, which beat the street. Earnings were $1.65 per share versus estimates of $1.48 per share. Target is up about 1.5% in premarket trading. There had been worries that the increase in the payroll tax would hurt Target's sales, but so far the company says there's no evidence of that.
y Dan Berman | Hot Stock Minute – 2 hours 19 minutes ago |
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