Slumps

Money

Allegro MicroSystems Stock Slumps as Onsemi Pulls Nearly $7B Acquisition Offer

Key Takeaways Shares of Allegro MicroSystems fell Tuesday after ON Semiconductor said it has withdrawn an acquisition offer. Last month,…

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Money

Index Slumps as China Trade Tensions Mount

Key Takeaways The S&P 500 dropped 3.5% on Thursday, April 10, 2025, with the strong rally for stocks in the…

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XPeng Stock Slumps as EV Maker’s Loss Narrows Less Than Expected

Key Takeaways XPeng shares sank Tuesday as the electric vehicle company’s fourth-quarter revenue and adjusted profit disappointed. Revenue for XPeng…

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Twilio Stock Slumps on Weak Earnings Forecast

Key Takeaways Twilio shares slumped Friday after the company gave a weak earnings forecast. The company reported a drop in…

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AMD Stock Slumps as Analysts Cut Price Targets After Data Center Revenue Misses Estimates

Key Takeaways Advanced Micro Devices shares plunged Wednesday after the chipmaker’s data center sales missed expectations. Analysts said AMD hasn’t…

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Money

Merck Stock Slumps as Q4 Profits, 2025 Forecast Fall Short

Key Takeaways Merck shares fell sharply Tuesday morning after the drugmaker’s profits and 2025 outlook fell short of estimates. Revenue…

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Microsoft Stock Slumps as Azure ‘Execution Issues’ Make Analysts Wary

Key Takeaways Microsoft shares dropped after fiscal second-quarter results were reported late Wednesday. Multiple analysts lowered their price targets for…

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Electronic Arts Stock Plunges on Outlook Cut as Soccer Game Demand Slumps

Key Takeaways Electronic Arts shares are tumbling 15% in premarket trading Thursday, a day after slumping demand for its EA…

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GE Vernova Stock Slumps as Q4 Revenue, Profit Fall Short of Estimates

GE Vernova (GEV) shares are falling in premarket trading Wednesday after the energy company reported worse-than-expected fourth-quarter results. The company…

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Money

Watch These UnitedHealth Price Levels as Stock Slumps After Disappointing Results

Key Takeaways UnitedHealth shares tumbled Thursday after the health insurer reported fourth-quarter results below Wall Street’s expectations and issued a…

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