Market Overview

7 Stocks To Watch For June 11, 2020

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7 Stocks To Watch For June 11, 2020

Some of the stocks that may grab investor focus today are:

  • Wall Street expects Childrens Place Inc (NASDAQ: PLCE) to report quarterly loss at $2.14 per share on revenue of $273.86 million before the opening bell. Childrens Place shares dropped 4.3% to $45.00 in after-hours trading.
  • Tailored Brands, Inc. (NYSE: TLRD) issued a business update for the first-quarter. The retailer’s net sales dropped 60.4% year-over-year to $286.7 million in the quarter. Tailored Brands posted an adjusted profit of $29.7 million. Tailored Brands shares climbed 21.8% to $1.51 in the after-hours trading session.
  • Analysts are expecting Adobe Inc (NASDAQ: ADBE) to have earned 2.33 per share on revenue of $31.6 billion for the latest quarter. Adobe shares fell 0.5% to $404.70 in after-hours trading.
  • A European food delivery company, Just EatTakeaway.com N.V. announced plans to buy Grubhub Inc. (NYSE: GRUB) in an all-stock deal, which values Grubhub at $75.15 per share. Grubhub shares gained 4.4% to $61.65 in the after-hours trading session.

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  • Analysts expect PVH Corp (NYSE: PVH) to report a quarterly loss of $1.28 per share on revenue of $1.40 billion. PVH will release earnings after the markets close. PVH shares declined 2.2% to $58.30 in after-hours trading.
  • Mustang Bio Inc (NASDAQ: MBIO) reported a proposed common stock offering. However, no details of the offering were disclosed. Mustang Bio shares tumbled 23% to $3.54 in the after-hours trading session.
  • After the closing bell, Lululemon Athletica Inc (NASDAQ: LULU) is projected to post quarterly earnings of $0.25 per share on revenue of $678.75 million. Lululemon shares slipped 0.7% to $320.85 in after-hours trading.
 

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