Earnings Crashes and a 100% Move (How 3 Stocks Rate)

Here's what Green Zone Power Ratings says… Published By Money & Markets, LLC. May 11, 2024 Published By Money & Markets, LLC. May 11, 2024 [Turn Your Images On] Earnings Crashes and a 130% Move (How 3 Stocks Rate) Editor's Note: Every week, you watch stocks from industries across the board pop (or drop), but you may wonder if it's time to buy in. That's what today's Money & Markets Daily is all about. We'll show you some of the week's biggest movers and then run them through Adam O'Dell's proprietary Green Zone Power Ratings to see how they stack up. - Shopify Inc. (NYSE: SHOP): Earnings season has triggered massive moves in stocks, and it happened on the downside for this popular e-commerce stock. After posting weak guidance for the rest of 2024, shares of SHOP dropped 18% on Wednesday before closing the week more than 20% lower than Monday's open. The drop may not be a huge surprise, considering it already rates ["Bearish"]( in Adam's system. The company still beat expectations on earnings per share and revenue. - Novavax Inc. (Nasdaq: NVAX): It was hard to ignore Friday's insane price pop for NVAX. The pharmaceutical company signed a multibillion-dollar deal with Sanofi to co-commercialize its Covid vaccine next year. The two are also working on combination shots that target both the flu and coronavirus. Investors couldn't get in fast enough, sending shares 130% higher at one point. But we'll have to wait and see if this deal improves NVAX's ["High-Risk"]( rating. - Roblox Corp. (NYSE: RBLX): Are your kids or grandkids still playing Roblox? If so, company executives need them to spend more money. Shares of RBLX crashed 22% on Thursday after the company announced it expects full-year bookings to come in at $4 billion, lower than expected. Roblox also beat on earnings per share (which are still at -$0.42) but missed on revenue. This is another stock that Green Zone Power Ratings has flagged as ["High-Risk"]( for months. — The Money & Markets team --------------------------------------------------------------- Top Research From the Last Week [Turn Your Images On]( [AI's Next Phase: Look at Data Center Stocks]( [Turn Your Images On]( [The AI Revolution’s “Invisible” Bottleneck]( [Turn Your Images On]( [Microsoft’s $282,000 AI Secret…]( [Turn Your Images On]( [Chart of the Day: Job Openings, Unemployment & Stagflation]( --------------------------------------------------------------- [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. 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To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2024 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: [Click here to Unsubscribe](