Starbucks Corporation (NASDAQ: SBUX) reported third-quarter financial results after the closing bell on Tuesday. In Q3, the company reported narrower-than-expected losses on revenues that surpassed Wall Street projections.
SBUX shares rose 3.16% immediately following the announcement. The stock has declined by 16% since the beginning of this year.
Starbucks CEO Kevin Johnson said in a statement, “As we continue to drive the recovery, we are also building resilience for the future by accelerating the transformation of our business in ways that will elevate the customer and partner experience and drive long-term growth.”
Shares of Beyond Meat Inc. (NASDAQ: BYND) were down 4% on Wednesday. The stock has dropped 22% over the past 12 months and 16% since the beginning of this year.
The gaming industry witnessed a spike in demand after the coronavirus-related movement restrictions forced people to stay indoors. As the consumption of online content grew steadily, spending on video games
Video game company Electronic Arts, Inc. (NASDAQ: EA) reported lower earnings and revenues for the fourth quarter of 2021. Earnings also missed analysts' forecast. During the March quarter, net bookings