Stocks: CrowdStrike and JD.com surge, Nordstrom and Foot Locker plummet

cnbc.com

In midday trading, CrowdStrike surged 15% after beating Wall Street's estimates and issuing strong guidance. JD.com rose 19% with a quarterly revenue increase and a $3 billion share purchase program. Nordstrom plummeted 14% due to a muted 2024 outlook. Foot Locker tumbled 27.6% after reporting a loss and delaying profitability goals. HashiCorp jumped 10.8% with strong quarterly results. Bank stocks fell following reports of anticipated capital reductions. Coinbase Global added 6% as crypto prices rose. ChargePoint plunged 9% after issuing disappointing guidance. Box jumped 6% after beating earnings expectations. Palantir Technologies rallied 8.9% after securing a $178.4 million contract from the U.S. Army. Target rose 3.8% after strong quarterly results. Tesla declined 2.7% after a price target cut. Super Micro Computer rose 4.2% after receiving a buy rating. Abercrombie & Fitch slid 1.3% despite beating expectations. Oddity Tech fell 7% despite strong results and guidance.


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Stocks: CrowdStrike and JD.com surge, Nordstrom and Foot Locker plummet | News Minimalist