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Today's Morning Movers and Top Ratings: AMC, BA, WMT, GIS and More

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Movers and Shakers wrote a column · May 15 06:58
Morning Movers
Gapping up
$Nextracker(NXT.US)$ The stock jumped 14% as the solar tracker manufacturer reported quarterly earnings and revenue that surpassed expectations, bolstered by strong demand in both U.S. and international markets.
$New York Community Bancorp(NYCB.US)$ Shares increased by 3.9% after the bank announced the sale of a mortgage warehouse loan portfolio worth about $5 billion to JPMorgan.
$Walmart(WMT.US)$ The retail giant's stock edged up by 0.1% following the announcement of plans to cut jobs at its corporate headquarters and shift a significant portion of its U.S. and Canada-based remote workforce to three offices.
Gapping down
$AMC Entertainment(AMC.US)$ Shares tumbled 11% after the cinema chain revealed a debt-for-equity swap deal that will lead to the issuance of over 23 million shares, following significant gains earlier in the week.
$Boot Barn Holdings(BOOT.US)$ The footwear retailer's stock dropped 6.5% as it projected sales trends for the upcoming fiscal year that didn't meet expectations, amidst ongoing lukewarm demand from consumers.
$Boeing(BA.US)$ Shares of the aerospace manufacturer declined by 1.1% after the U.S. Justice Department indicated that Boeing had failed to fulfill its obligations under a 2021 agreement designed to protect the company from criminal prosecution related to the fatal 737 MAX crashes.
$Tesla(TSLA.US)$ The electric vehicle maker's stock saw a slight dip of 0.2% in response to an 11% week-over-week decrease in sales in China, with the number of units sold falling to 9,800.
$DLocal(DLO.US)$ The fintech company's stock plummeted 28% after releasing a first-quarter financial report that did not meet Wall Street's expectations.
Source: CNBC; Investing.com
US Top Rating Updates on 05/15
Today's Morning Movers and Top Ratings: AMC, BA, WMT, GIS and More
Source: Dow Jones
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