Capital One Financial (NYSE: COF) reported second-quarter financial results after the regular trading hours on Tuesday. The bank holding company reported an 8% slip in Q2 revenue to $6.6 billion, also missing the Wall Street projection of $6.83 million.
Meanwhile, net loss of $1.61 per share was 7 cents narrower than the analysts’ projection.
COF shares fell 3.3% immediately following the announcement. The stock has declined close to 40% since the beginning of this year.
For technology stocks, 2022 has been a challenging year, with the widespread selloff eroding significant amounts in value. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected tech
Shares of Macy’s Inc. (NYSE: M) were down on Thursday. The stock has gained 36% over the past three months and 18% over the past one month. The company’s sales
Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to