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Company News for Feb 9, 2023

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  • Shares of Capri Holdings Limited (CPRI - Free Report) plummeted 23.6% after posting third-quarter fiscal 2022 adjusted earnings of $1.84 per share, widely missing the Zacks Consensus Estimate of $2.21 per share.
  • Shares of Broadcom Inc. (AVGO - Free Report) fell 2.1% on the broader tech slump.
  • Shares of Uber Technologies, Inc. (UBER - Free Report) jumped 5.5% after posting fourth-quarter 2022 adjusted earnings of $0.29 per share, crushing the Zacks Consensus Estimate of a loss of $0.21 per share.
  • Enphase Energy, Inc.’s (ENPH - Free Report) shares declined 4.2% as utility stocks tanked.

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