Nucor earnings beat by $0.08, revenue fell short of estimates
By Liz Moyer
Investing.com -- U.S. stocks rose on Monday as investors await the inflation report for August. Here are the midday movers for Sept. 12:
- Bristol-Myers Squibb Company (NYSE:BMY) shares rose 5% after regulators approved its oral treatment for plaque psoriasis.
- Walt Disney Company (NYSE:DIS) shares rose 0.6% after activist investor Dan Loeb backed off on pressuring the entertainment company to spin off its sports network ESPN.
- Carvana Co (NYSE:CVNA) shares jumped 9.4% after Piper Sandler said the used car retailer was grossly undervalued.
- Starbucks Corporation (NASDAQ:SBUX) stock rose 0.4% ahead of an investor day Tuesday when the company is expected to reveal its plans to reinvent itself.
- Oracle Corporation (NYSE:ORCL) shares rose 0.8% ahead of its earnings report. Analysts expect to see earnings per share of $1.08 on revenue of $11.3 billion.