Dollar Tree's Weak Outlook, ON Semi Rises, CrowdStrike Drops
On this edition of Stock Movers:- Dollar Tree (DLTR) shares dropped as the company warns that its second-quarter profit may be down 50% from a year ago due to tariff-related costs, including 145% levies on some products from China. The retailer said the timing of expenses will weigh on adjusted earnings per share, including paying 145% levies on some products from China. The chain then expects profit to “re-accelerate” in the remainder of the year. - ON Semiconductor (ON) shares jumped after the chip maker's CEO Hassane El-Khoury stressed that things would only improve following a…
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