Stock Market Fluctuations: Walmart and Cisco Fall, Macy's and Williams-Sonoma Rise
Earnings forecasts and third-quarter financial results drive significant changes in stock prices.
- Walmart Inc. and Cisco Systems Inc. saw their stocks fall due to disappointing earnings forecasts.
- Macy's Inc. and Williams-Sonoma Inc. experienced a rise in their stocks following strong third-quarter financial results.
- Palo Alto Networks Inc., Children’s Place Inc., and Shoe Carnival Inc. also saw a drop in their stocks after trimming their forecasts for the year.
- Tetra Tech Inc. saw a rise in their stocks after giving investors an encouraging profit forecast.