Kohl's Optimistic; JM Smucker Earnings; MongoDB Soars
On this episode of Stock Movers:
- Kohl’s (KSS) shares are up 21% in premarket trading after the department-store operator boosted its operating margin forecast for the full year.
- JM Smucker (SJM) falls 3% after the peanut butter and jelly maker reported that first-quarter net sales were weighed down by decreased sales of coffee, dog snacks, sweet baked goods and fruit spreads.
- MongoDB (MDB) soars 31% after the software company reported second-quarter results that were much stronger than expected. It also raised its full-year forecast.
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