E-commerce stocks plummet as consumers pull back online spending
Shares of Etsy, Shopify, Wayfair, Poshmark and a number of other e-commerce retailers were falling Thursday afternoon.
Shares of Etsy, Shopify, Wayfair, Poshmark and a number of other e-commerce retailers were falling Thursday afternoon.
These are the stocks posting the largest moves in midday trading.
In February, Spirit and Frontier announced plans to merge in what would create a massive discount airline, the fifth-largest carrier in the U.S.
Uber expects to keep drivers without "significant incremental incentive investments."
Taco Bell was the only chain in Yum's portfolio to report better-than-expected same-store sales growth.
Moderna's first-quarter vaccine sales more than tripled over the same period last year, when it reported $1.7 billion in sales.
All three stocks are down sharply from highs: Can the companies regain momentum?
Both of the companies gave disappointing guidance for the current quarter, sending their stocks sharply lower in extended trading.
The largest residential solar company in the U.S. raised guidance for Q2 as soaring commodity prices make solar power more attractive.