Latest Stories
Why Are eBay (EBAY) Shares Soaring Today
Shares of online marketplace eBay (NASDAQ:EBAY) jumped 12.9% in the morning session after the company revealed it is adding Facebook Marketplace to its listing channels. The rollout begins with sellers in the United States, Germany, and France, with plans to expand to more regions over time. This is a positive development for eBay as the listing should broaden its visibility and attract a new audience of buyers.
Why Richardson Electronics (RELL) Shares Are Trading Lower Today
Shares of electronics distributor Richardson Electronics (NASDAQ:RELL) fell 12.3% in the afternoon session after the company reported underwhelming fourth-quarter (fiscal Q2 2025) results. Its revenue missed significantly, and its EBITDA fell short of Wall Street's estimates. Management attributed the weakness to a 22% decline in Healthcare sales due to lower CT tube, system, and parts demand. Overall, this was a challenging quarter.
Simply Good Foods (NASDAQ:SMPL) Reports Sales Below Analyst Estimates In Q4 Earnings
Packaged food company Simply Good Foods (NASDAQ:SMPL) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 10.6% year on year to $341.3 million. Its non-GAAP profit of $0.49 per share was 7.6% above analysts’ consensus estimates.