Deere Disappoints; Urban Outfitters Beats; Dell Gains
On this episode of Stock Movers:
- Deere’s (DE) first outlook for the year ahead fell short of expectations as uncertainly continues to surround the timing for a recovery in the US farm economy.
- Urban Outfitters (URBN) shares jump after the apparel company reported net sales for the third quarter that beat the average analyst estimate. The owner of the Anthropologie and Free People brand follows positive reports from peers Abercrombie and Gap.
- Dell Technologies (DELL) shares are up, after the company raised its full-year forecast. Analysts noted growth in AI server shipments as a highlight.
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