Stocks traded lower Tuesday after the
S&P 500
and
Nasdaq Composite
ended four-session losing streaks on Monday following a rally in tech shares.
These stocks were making moves Tuesday:
Dick’s Sporting Goods
(ticker: DKS) tumbled 24% after the retailer cut its earnings outlook for the year and posted second-quarter earnings that missed estimates. The retailer cited “elevated inventory shrink,” or theft, partly for the miss.
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