Intel Rallies, Procter & Gamble Rises, and Deckers Outdoor Slides on Weak 2026 Forecast
On this episode of Stock Movers:
- Intel (INTC) shares rally after the company returned to profitability and gave an upbeat revenue forecast, suggesting it's making progress on a comeback attempt.
- Procter & Gamble (PG) shares rise after the company reported better-than-expected sales for its first quarter as consumers bought its Gillette razors and Secret deodorant despite price increases.
- Deckers Outdoor (DECK) shares slide after the owner of the Ugg and Hoka brands forecast 2026 net sales below the average analyst estimate. Analysts note the management annual outlook might be conservative.
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