Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now
In This Article:
Birkenstock (BIRK) shares are lower after posting fiscal first quarter earnings, with revenue rising 19% from a year earlier while missing direct-to-consumer revenue estimates.
UnitedHealthcare (UNH) is offering buyouts to employees in its benefits unit, with layoffs possible if the company doesn't meet its resignation quota.
Singaporean multinational technology company Grab Holdings (GRAB) saw a decline after missing fourth quarter operating income expectations, reporting $2 million instead of the anticipated $8 million (converted to USD), while offering weaker-than-expected full-year guidance.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Josh Lynch