Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- StubHub (STUB) shares are rising after the ticketing company reported better-than-expected first quarter results and reiterated its annual forecast. Morgan Stanley analyst notes that gross merchandise sales (GMS) and revenue should improve in the second half of the year.
- Viking Holdings (VIK) shares are rallying after the cruise-line operator reported first-quarter yields above estimates. Analysts cited “impressive” 2027 bookings and executive management changes that helped remove an overhang.
- Watches of Switzerland (WOSGF) shares are higher and are trading at the highest since early 2024, after the watch retailer said annual adjusted Ebit will be ahead of its previous guidance. Analysts see the confident outlook for FY27 should lift consensus estimates, while Barclays hiked its price target on the stock to a new Street-high.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Nvidia (NVDA) shares are continuing to climb as the U.S. government has authorized the sale of Nvidia Corp.'s H200 AI chips to 10 Chinese tech giants, including Alibaba Group Holding Ltd. and Tencent Holdings ADR.
- Cisco Systems (CSCO) is soaring after delivering a better-than-anticipated sales forecast and announcing plans to cut thousands of jobs. The layoffs will affect fewer than 4,000 jobs, and the company will make strategic investments in areas such as silicon chips, fiber optics, security, and the use of AI by its own employees.
- Wolfspeed (WOLF) is rallying after thematic research firm Citrini touted chipmaker Wolfspeed as its “single-stock highlight,” discussing artificial intelligence infrastructure.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Burberry shares fell 4.3% after the UK maker of trenchcoats and scarves posted earnings that JPMorgan analysts deemed insufficient to satisfy high investor expectations amid the company’s turnaround under Chief Executive Joshua Schulman.
- 3i Group shares fall as much as 25%, the steepest drop since January 2009, after the private equity group flagged slowing sales growth at its discount retailer Action. RBC analysts said the retailer, 3i’s largest single investment, has left itself much to do in the second half to meet its guidance.
- Watches of Switzerland shares rise as much as 14%, hitting the highest since early 2024, after the watch retailer said annual adjusted Ebit will be ahead of its previous guidance.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Burberry shares fell 4.3% after the UK maker of trenchcoats and scarves posted earnings that JPMorgan analysts deemed insufficient to satisfy high investor expectations amid the company’s turnaround under Chief Executive Joshua Schulman.
- 3i Group shares fall as much as 25%, the steepest drop since January 2009, after the private equity group flagged slowing sales growth at its discount retailer Action. RBC analysts said the retailer, 3i’s largest single investment, has left itself much to do in the second half to meet its guidance.
- Telefonica shares rally as much as 5.8% after the telecom operator reported estimate-beating revenues in Spain with faster organic growth versus the December quarter.
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Birkenstock (BIRK) shares closed down on the day after the footwear maker reported revenue and operating profit for the second quarter that missed consensus estimates. The war in the Middle East negatively impacted EMEA revenue by about €6 million and caused an estimated 300 basis-point headwind to the region’s growth in the quarter, the company said.
- Cisco (CSCO) delivered a better-than-anticipated forecast while also announcing plans to cut thousands of jobs, a move it said would help the company focus on a fast-growing AI market. The company’s restructuring plan will affect fewer than 4,000 jobs, or less than 5% of the total employee base, Chief Executive Officer Chuck Robbins said in a separate blog post. Cisco’s shares soared on the news, climbing as much as 16% in late trading. The stock had increased 32% this year through the close.
- Wix (WIX) shares dropped in trading on Wednesday, after the web-platform company reported first-quarter results that analysts view as disappointing.
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