{"id":57649,"date":"2023-09-06T13:28:36","date_gmt":"2023-09-06T17:28:36","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/roku-overstock-amc-entertainment-first-solar-and-more-stock-market-movers\/"},"modified":"2023-09-06T13:28:38","modified_gmt":"2023-09-06T17:28:38","slug":"roku-overstock-amc-entertainment-first-solar-and-more-stock-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=57649","title":{"rendered":"Roku, Overstock, AMC Entertainment, First Solar, and More Stock Market Movers"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000735598\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>September is notoriously the worst month for the stock market, and Wednesday was no exception as the indexes opened in the red.<\/p>\n<p>These stocks were making moves Wednesday:\u00a0<\/p>\n<p>\n        Roku<br \/>\n       (ticker: ROKU) shares climbed 9% after the technology company said it would fire 10% of its workforce.<\/p>\n<div class=\"paywall\">\n<p>\n        AeroVironment<br \/>\n       (AVAV) soared 28% to $121.63 after the defense supplier\u2019s results flew past fiscal first-quarter earnings estimates. The stock was upgraded to Outperform from Neutral at Baird and received a price target lift to $120 from $115 at RBC Capital.<\/p>\n<p>\n        Overstock.com<br \/>\n       (OSTK) fell 21% after the online retailer shared a third-quarter performance update that included year-over-year declines in revenue and average order value.<\/p>\n<p>\n        AMC Entertainment<br \/>\n       (AMC) was tumbling 21% after the company said it has entered an agreement to sell up to 40 million shares of class A common stock through an at \u201cat-the-market\u201d offering program.<\/p>\n<p>\n        Asana<br \/>\n       (ASAN) stock fell 14% even though the business software provider\u2019s results exceeded analysts\u2019 estimates for the second quarter. Asana reported an adjusted loss of 4 cents per share, while analysts were expecting a loss of 11 cents per share.<\/p>\n<p>\n        GitLab<br \/>\n       (GTLB) shares jumped 5.5% after the code-hosting platform provider beat earnings expectations as revenue soared 38% in the second quarter. The company reported adjusted earnings of 1 cent per share, ahead of analysts\u2019 expectations of a loss of 3 cents a share.<\/p>\n<p>\n        Manchester United<br \/>\n       (MANU) shares fell 3.6%, after plunging more than 18% Tuesday. It was the stock\u2019s biggest ever one-day selloff, and it followed a report that the English soccer club will no longer be sold.<\/p>\n<p>\n        First Solar<br \/>\n       (FSLR), the country\u2019s largest solar manufacturer, fell 2.5%.<br \/>\n        Morgan Stanley<br \/>\n       upgraded the stock to Equal Weight from Underweight.<\/p>\n<p>\n        Southwest Airlines<br \/>\n       (LUV) fell 2.1% after the airline was downgraded to Neutral from Outperform at Exane BNP Paribas.<br \/>\n        American Airlines<br \/>\n       (AAL) rose 1.9% after being upgraded to Outperform from Neutral. <\/p>\n<p>Earnings reports are expected Wednesday after the stock market closes from<br \/>\n        GameStop<br \/>\n       (GME),<br \/>\n        UiPath<br \/>\n       (PATH),<br \/>\n        C3.ai<br \/>\n       (AI),<br \/>\n        American Eagle Outfitters<br \/>\n       (AEO), and<br \/>\n        ChargePoint Holdings<br \/>\n       (CHPT).<\/p>\n<p>Write to Callum Keown at callum.keown@dowjones.com, Callum Keown at callum.keown@barrons.com and Emily Dattilo at emily.dattilo@dowjones.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/stock-market-movers-8ed1ffb0?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>September is notoriously the worst month for the stock market, and Wednesday was no exception as the indexes opened in the red. These stocks were making moves Wednesday:\u00a0 Roku (ticker: ROKU) shares climbed 9% after the technology company said it would fire 10% of its workforce. AeroVironment (AVAV) soared 28% to $121.63 after the defense [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":34096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-57649","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Roku, Overstock, AMC Entertainment, First Solar, and More Stock Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"September is notoriously the worst month for the stock market, and Wednesday was no exception as the indexes opened in the red. 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