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Actiunile Etsy au crescut cu peste 15% dupa castigurile companiei din T2


Actiunile Etsy au crescut cu peste 15% in after-hours, dupa ce castigurile companiei din al doilea trimestru au depasit estimarile.

Piata Etsy a adaugat, de asemenea, aproximativ 6 mil. de cumparatori noi, despre care compania a spus ca este inca o rata semnificativ ridicata in comparatie cu nivelurile de dinainte de pandemie.&nbsp

(US.ETSY)


etsy earnings q2 shares soar as company beats 2022

Stocks rally to end the first day of the second half, Dow jumps 300 points


&nbsp Stocks rose on Friday to start the quarter after the S&amp P 500 closed out its worst first-half performance in decades. The Dow Jones Industrial Average (DE.SXRU) rose 321.83 points, or 1.1%, to 31,097.26. The S&amp P 500 (DE.SXR8) rose 1.1% to 3,825.33.&nbsp

&nbsp The Nasdaq Composite (DE.SXRV) was also up by 0.9% to 11,127.85.&nbsp

&nbsp Homebuilder stocks contributed to the market going higher, with PulteGroup (US.PHM) umping 6.5%, while Lennar (US.LEN) and D.R. Horton (US.DHI) rose more than 5% each. Etsy (US.ETSY) shares popped 9% to lead the S&amp P 500 higher.&nbsp

&nbsp McDonald’s (US.MCD) led the Dow higher with a 2.5% gain. Coca-Cola and Boeing also rose more than 2%.

&nbsp Despite the gains, all of the major averages posted their fourth down week in five. The Dow fell 1.3% for the week. The S&amp P 500 lost 2.2%, and the Nasdaq finished lower by 4.1%. Investors remained focused on warning signs from several companies that lowered their profit guidance, adding to investor concerns that persistent inflation at decades long highs could continue to put pressure on share prices.

&nbsp General Motors edged higher by 1.4%, even after the company warned about manufacturing issues in the second quarter that could bring its net income for the quarter to between $1.6 billion and $1.9 billion. Analysts expected GM’s net income to be about $2.5 billion during the second quarter, according to FactSet.&nbsp

&nbsp Meanwhile, Micron Technology fell about 3% on the back of disappointing fiscal fourth-quarter guidance. Several other chipmakers fell with it. Nvidia lost 4%. Qualcomm, Western Digital and Advanced Micro Devices pulled back by about 3% each.

&nbsp Shares of Kohl’s fell 19.6% after the retailer cut its outlook for the fiscal second quarter, citing softer consumer spending, and terminated talks to sell its business, saying the retail environment has deteriorated since the beginning of its bidding process.


stock market futures open to close news 2022

Etsy shares will remain under pressure even after 60% pullback this year, Needham says (US.ETSY)