Today's Morning Movers and Top Ratings: NVDA, C, UAA, CAT and More
Morning Movers
Gapping up
$Robinhood(HOOD.US$ stock soared 12% after the brokerage reported strong growth in assets under custody for the month of February.
$Dollar General(DG.US$ stock rose 6.1% after the discount retailer forecast upbeat 2024 sales, expecting steady demand from price-conscious shoppers.
$Restaurant Brands International(QSR.US$ stock rose 0.4% after the Burger King parent named Sami Siddiqui as its chief financial officer and made a slew of other leadership changes, as the company tries to navigate weakness in some international markets.
$Dick's Sporting Goods(DKS.US$ stock rose 4.6% after the retailer posted an upbeat fourth quarter earnings report, saying the holiday period was the strongest sales period in the company’s history.
$Citigroup(C.US$ stock rose 1.6% after Goldman Sachs upgraded its investment stance on the U.S. lender to buy, citing its growth potential.
Gapping down
$Tesla(TSLA.US$ stock fell 1.5% after UBS cut its target price on the EV manufacturer, citing downside risks to delivery forecasts.
$NVIDIA(NVDA.US$ stock fell 1.8%, continuing the recent selloff of the dominant supplier of artificial-intelligence chips from an elevated level. The company's annual developer conference is set to take place on Monday.
$SentinelOne(S.US$ stock fell 9.5% after the cybersecurity firm delivered underwhelming full-year guidance that overshadowed strong fourth-quarter results, causing the stock to suffer from comparison with rival CrowdStrike’s stellar results.
$Under Armour-A(UAA.US$ stock fell 7.8% after the sports apparel maker said that founder Kevin Plank will return to the company as CEO, as the company struggles to compete in a difficult macro environment.
$Fisker(FSR.US$ stock slumped 40% after the WSJ reported that the electric vehicle startup has hired restructuring advisers to assist with a possible bankruptcy filing.
Source: CNBC; Investing.com
US Top Rating Updates on 03/14
Source: Dow Jones
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