Market Reacts to Q3 Earnings: Target and Catalent Surge, Alcon and Getty Images Dip
Fiserv and JD.com report positive financial updates, while Fluent Inc. disappoints with lower than expected earnings.
- Target Corp. and Catalent Inc. saw their stocks rise following strong third-quarter earnings and revenue reports.
- Alcon AG and Getty Images Holdings Inc. experienced a drop in their stock prices due to disappointing third-quarter revenue and a cut in the year's revenue forecast respectively.
- Fiserv Inc. and JD.com Inc. also reported encouraging financial updates and strong third-quarter results respectively, leading to an increase in their stocks.
- Goodyear Tire & Rubber Co. announced that CEO Richard J. Kramer will retire in 2024, resulting in a slight increase in the company's stock.
- Fluent, Inc.'s third-quarter earnings and revenue fell short of analysts' forecasts, causing a decrease in its stock.