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Home»Trading Insights»Analog Devices, Nvidia and 3 Stocks to Monitor on Wednesday
Trading Insights

Analog Devices, Nvidia and 3 Stocks to Monitor on Wednesday

JamesBy JamesMay 24, 2023Updated:May 24, 2023No Comments2 Mins Read
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  • Analog Devices, Inc. (NASDAQ:ADI) is expected to post quarterly earnings of $2.75 per share on revenue of $3.21 billion before the opening bell, according to Wall Street. Analog Devices shares gained 1.9% to $191.50 in after-hours trading.
  • Palo Alto Networks, Inc. (NASDAQ:PANW) reported better-than-expected third-quarter results and raised its annual projections. Palo Alto shares surged 4.1% to $197.48 in the after-hours trading session.
  • NVIDIA Corporation (NASDAQ:NVDA) is expected to have earned 92 cents per share on revenue of $6.52 billion for the latest quarter, according to analysts. The company will release earnings after the markets close. NVIDIA shares rose 0.1% to $307.22 in after-hours trading.

  • Urban Outfitters, Inc. (NASDAQ:URBN) reported better-than-expected results for its first quarter and said that inventory fell 6.3% year-over-year. Urban Outfitters shares climbed 8.6% to $28.94 in the after-hours trading session.
  • Analysts expect that Kohl’s Corporation (NYSE:KSS) will post a quarterly loss of 42 cents per share on revenue of $3.34 billion after the closing bell. Kohl’s shares rose 0.1% to $19.28 in after-hours trading.

 

Read This Next: Check Out 3 High-Yielding Dividend Stocks In Financial Sector From Wall Street’s Most Accurate Analysts

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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James

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