Core & Main, Concentrix And 3 Stocks To Watch Heading Into Tuesday
Avi Kapoor 7 months ago
Long IdeasNewsPre-Market OutlookMarketsTrading Ideas
US stock futures down, watch CNM, SLDE, CNXC, AAOI, GME today. CNM and CNXC expected to report earnings, SLDE announces buyback.
With U.S. stock futures trading lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
- Wall Street expects Core & Main Inc. (NYSE:CNM) to report quarterly earnings at 42 cents per share on revenue of $1.60 billion for the quarter before the opening bell, according to data from Benzinga Pro. Core & Main shares rose 0.2% to $48.50 in after-hours trading.
- Slide Insurance Holdings Inc. (NASDAQ:SLDE) disclosed a new $125 million share buyback program. Slide Insurance shares gained 0.4% to $17.04 in the after-hours trading session.
- Analysts are expecting Concentrix Corp. (NASDAQ:CNXC) to post quarterly earnings at $2.65 per share on revenue of $2.49 billion. The company will release earnings before the markets open. Concentrix shares rose 2.2% to $33.75 in the after-hours trading session.
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- Applied Optoelectronics Inc. (NASDAQ:AAOI) announced a new order from a major hyperscaler. The company announced that one of its major hyperscale customers placed an initial volume order for 800G single-mode data center transceivers totaling more than $53 million. Applied Optoelectronics shares gained 3.5% to $99.14 in the after-hours trading session.
- Analysts expect GameStop Corp. (NYSE:GME) to post quarterly earnings at 37 cents per share on revenue of $1.47 billion after the closing bell. GameStop shares slipped 0.1% to $23.02 in after-hours trading.
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