SLB Gains, Avis Plummets, Intel Surges on Sales Forecast
On this episode of Stock Movers:
SLB (SLB) shares gains after the oil-field services company reported first-quarter adjusted Ebitda that missed the average analyst estimate as disruptions from the Middle East war weighed on Well Construction and Reservoir Performance segments. The company also agreed to buy S&P Global Energy’s Geoscience & Petroleum Engineering software portfolio.
Avis (CAR) shares plummets and triggered multiple trading halts on Thursday, deepening a selloff that wiped out nearly 70% of the company's value in the past two days. The company's stock had surged more than 600% in a little over four weeks after Pentwater Capital Management LP disclosed it had acquired a sizable stake, causing some investors to buy back shares to close out short positions.
Intel (INTC) shares soars after the chipmaker delivered a sales forecast that shattered Wall Street expectations.
Revenue will be $13.8 billion to $14.8 billion in the June quarter, the company said Thursday in a statement. Analysts estimated $13 billion on average, according to data compiled by Bloomberg.
See omnystudio.com/listener for privacy information.
More description
On this episode of Stock Movers:
SLB (SLB) shares gains after the oil-field services company reported first-quarter adjusted Ebitda that missed the average analyst estimate as disruptions from the Middle East war weighed on Well Construction and Reservoir Performance segments. The company also agreed to buy S&P Global Energy’s Geoscience & Petroleum Engineering software portfolio.
Avis (CAR) shares plummets and triggered multiple trading halts on Thursday, deepening a selloff that wiped out nearly 70% of the company's value in the past two days. The company's stock had surged more than 600% in a little over four weeks after Pentwater Capital Management LP disclosed it had acquired a sizable stake, causing some investors to buy back shares to close out short positions.
Intel (INTC) shares soars after the chipmaker delivered a sales forecast that shattered Wall Street expectations.
Revenue will be $13.8 billion to $14.8 billion in the June quarter, the company said Thursday in a statement. Analysts estimated $13 billion on average, according to data compiled by Bloomberg.
See omnystudio.com/listener for privacy information.
Listen elsewhere
Available Results
Generated results are saved to your library for reuse and search.