Check out the companies making headlines in midday trading. Signet Jewelers — Shares tumbled 11% after the jeweler issued first-quarter revenue guidance that missed Wall Street estimates. The company said it expects revenue in the range of between $1.47 billion and $1.53 billion, whereas analysts polled by FactSet forecast $1.61 billion. Chipotle — Shares rose 6.4% to an all-time high after the fast-casual Mexican chain announced the board approved a 50-to-1 stock split .
Riot Platforms — The bitcoin mining stock advanced 4% after JPMorgan upgraded it to overweight from neutral, citing the company's "unique combination of industry-leading power contracts, scale and liquidity." Best Buy — The electronics retailer got a nearly 3% lift after Telsey upgraded the stock to outperform from market perform, citing signs of stabilization and improvement due to replacement cycle and new innovative products like Ray-Ban glasses.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jim Cramer shares his thoughts on Chipotle, Best Buy, Intel, General Mills and Signet JewelersCNBC's Jim Cramer on Wednesday weighed in on Chipotle's stock split, the Chips Act funding for Intel and other market-moving headlines.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Chipotle, MicroStrategy, CarMax, Intel and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »
Machine Gun Kelly’s Favorite Designer, Stephen Webster, Wants More Young People to Become JewelersStephen Webster, Theo Fennell and fellow London jewelers, The Leopards, want to expose teens to the joys of jewelry-making and traditional craft.
Source: wwd - 🏆 24. / 68 Read more »
Chipotle Mexican Grill brings back Chicken al PastorChipotle’s spicy Chicken al Pastor is one of the California-based chain’s most requested limited time items.
Source: mercnews - 🏆 88. / 68 Read more »
Chipotle plans 50-for-1 stock split as share price nears $3,000 amid record-high revenueThe Mexican-themed restaurant chain known for charging extra for guacamole is experiencing 'record revenues, profits and growth.'
Source: CBSNews - 🏆 87. / 68 Read more »
Turkey Tostada With Chipotle SauceFor many, the attractiveness of turkey in place of other meats is its lower fat content and mild flavor — which makes it adaptable to a variety of seasonings and extends its compatibility with traditional and unusual ingredients alike.
Source: latimesfood - 🏆 699. / 51 Read more »