Shares making the largest strikes noon: Roku, Lennar, Ceremony Assist, Warner Music & extra

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The Roku 3 tv streaming participant menu is proven on a tv in Los Angeles, California, U.S., on Thursday, Sept. 12, 2013.

Patrick T. Fallon | Bloomberg by way of Getty Photos

Listed below are the shares making headlines in noon buying and selling:

Roku — Shares of Roku gained 3.5% after the streaming firm introduced it should carry HBO Max on its platform. HBO Max launched in Could, however Roku and HBO had been caught in negotiations, stopping the service from being added into the platform.

Lennar – Shares of the homebuilder superior greater than 6% after Lennar beat prime and backside line estimates throughout the fourth quarter. The corporate earned $2.82 per share on $6.83 billion in income. Analysts surveyed by FactSet anticipated Lennar to earn $2.36 per share and publish $6.53 billion in income. For the 12 months shares are up greater than 40%.

Rite Aid — The pharmacy inventory rocketed greater than 20% greater after reporting a shock adjusted revenue for its fiscal third quarter. The corporate earned an adjusted 40 cents per share $6.12 billion in income. Analysts surveyed by Refinitiv have been anticipating a lack of 5 cents per share and $5.84 billion in income. Ceremony Assist mentioned it elevated its market share in pharmacy and front-end gross sales.

Warner Music Group – Shares of the leisure firm gained greater than 7% following an improve to obese by Morgan Stanley. “Underperformance plus rising use instances create alternative,” the agency mentioned in a word to purchasers.

Chewy – Shares of Chewy jumped one other 5% after Needham named the online pet company a top pick in 2021 and mentioned it sees “robust” progress amid rising web gross sales per buyer. The inventory has rallied greater than 17% this week alone. Its CFO mentioned earlier this week that the retailer plans to construct out its product lineup.

Accenture — Shares of the consulting agency gained 9% after Accenture’s stronger-than-expected fiscal first quarter. The corporate reported $2.32 in earnings per share on $11.76 billion in income. Analysts surveyed by Refinitiv had penciled in $2.05 per share and $11.36 billion in income. The corporate additionally raised its outlook for fiscal 12 months.

Herman Miller — Herman Miller shares fell greater than 13% even after the workplace furnishings firm posted quarterly numbers that beat analyst expectations. The corporate reported a revenue of 89 cents per share, topping a FactSet estimate of 56 cents per share.

ContextLogic – Shares of ContextLogic, the father or mother of low cost e-commerce market Want, jumped greater than 14% after dropping 16.4% in the previous session during the company’s market debut. The inventory final traded round $22.9 a share, nonetheless beneath its IPO pricing of $24 per share, which was on the excessive finish of expectations.

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