
Broadcom Sinks After Disappointing Outlook; CrowdStrike Results Fail to Wow; Petco Shares Drop
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Broadcom (AVGO) shares fall after the chipmaker gave an outlook that was seen as underwhelming, given the industry’s AI-related demand. Analysts note that AI sales and margins for the current quarter are weaker than expected. - CrowdStrike (CRWD) shares are down after the security software company reported first-quarter results beat, which wasn’t strong enough to lift the stock that has more than doubled from a March low.- Petco (WOOF) shares tumble after the pet health and wellness…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.