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Vaxcyte’s stock down 3% after biotech unveils share sale06/09/2024
Toro’s stock cut down as demand for lawn-care equipment slowed during the summer05/09/2024
Topgolf Callaway plans to split up into two separate companies04/09/2024
Core & Main’s stock drops 12% premarket as earnings and revenue fall shorts04/09/2024
Lyft to cut some jobs, book a charge as part of a restructuring of its bikes and scooters business04/09/2024
Dollar Tree’s stock tumbles after a big earnings miss, citing increasing pressure on its customers04/09/2024
Dick’s Sports Goods’ stock up as profit and revenue beat analyst estimates04/09/2024
GitLab stock rallies on more upbeat full-year forecast03/09/2024
Southwest Airlines’ stock rises in premarket on report of upped Elliott stake03/09/2024
Sphere stock falls after Benchmark downgrade03/09/2024

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American shares drop 7% on weak profit forecast after backfired sales plan, industry oversupply

Earnings Market Analysis

American shares drop 7% on weak profit forecast after backfired sales plan, industry oversupply

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The carrier’s profit fell 46% during the second quarter even though revenues rose.

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