Dell Rises, AppLovin Falls, Dollar Tree Drops After Jefferies Downgrade
On this episode of Stock Movers:- Dell (DELL) shares rise after the company roughly doubled its growth estimates for sales and profit for the next two years, citing demand for artificial intelligence products.- AppLovin (APP) shares fall after news that the Securities and Exchange Commission has been probing AppLovin Corp.'s data-collection practices, according to people familiar with the matter.- Dollar Tree (DLTR) shares fall after Jefferies downgraded the discount retailer to underperform from hold.See omnystudio.com/listener for privacy information.
The skinny
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