Earnings & Movers

11.18.2020

Lowe's shares tumble as earnings fall short, despite robust sales gains - CNBC

"Lowe's shares fell Wednesday after the home improvement retailer reported third-quarter earnings and a profit outlook slightly short of estimates, weighed down by higher labor costs and investments in its e-commerce business."

 

Robinhood Army Propels Thematic ETFs to a Record-Setting Year - Bloomberg

Note: Currently ETF Action classifies 125 ETFs as 'thematic' with AUM for the group totaling over $66 billion. Thematics are further classified into seven broad segments and over 35 groups and can be easily filtered/searched using the ETF Navigator.

 

Why DraftKings Stock Could More Than Double - Barron's

"Loop Capital Markets analyst Daniel Adam initiated coverage on DraftKings stock (ticker: DKNG) with a Buy rating and a $100 price target. That represents 127% upside from recent levels."

 

Retail's Nightmare Before Christmas - WSJ

"Sales are dropping at worst possible time as Covid-19, the calendar and politics point to tough holiday season"

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