JB Hunt Soars, Hewlett Packard Falls, F5 Sinks on Breach by Chinese Hackers
On this episode of Stock Movers:
- JB Hunt (JBHT) shares soar after the transportation and logistics company reported third quarter earnings that beat the average analyst estimate helped by better cost control measures. The stock is the best performer in the S&P 500 today, up almost 22%.
- Hewlett Packard Enterprise (HPE) shares fall after the company gave an outlook for profit and cash flow for its upcoming fiscal year that fell short of analysts’ estimates, reflecting a margin crunch in the AI era.
- F5 (FFIV) shares fell as much as 12% in Thursday trading, the most intraday since April 2024, after a senior US official warned of potentially “catastrophic” compromises due what was said to be a breach blamed on state-backed hackers from China.
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Health Tips
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Business Ideas
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