Morning Movers: Brown-Forman plummets following fourth quarter results
Stock futures are showing minimal movement as investors await key labor market data and assess recent economic indicators. Investors are closely monitoring upcoming jobless claims and May's payroll report, which are expected to provide further insight into the labor market's health. Recent data releases have offered mixed signals, contributing to market uncertainty.
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In corporate news, Boeing has agreed to a $1.1B settlement to avoid Department of Justice prosecution related to the fatal 737 MAX crashes, allocating funds toward safety improvements and victim compensation.
In the commodities market, oil futures have risen, while gold prices have surpassed $3,400 per ounce, reflecting investor caution amid economic uncertainties.
Overall, the market remains cautious as it navigates through economic data releases and geopolitical developments.
In pre-market trading, S&P 500 futures fell 0.06%, Nasdaq futures fell 0.10% and Dow futures fell 0.02%.
Check out this morning's top movers from around Wall Street, compiled by The Fly.
UP AFTER EARNINGS –
Hello Group (MOMO) up 8%
AstroNova (ALOT) up 2%
Land's End (LE) up 5%
Cracker Barrel (CBRL) up 1%
MongoDB (MDB) up 19%
Five Below (FIVE) up 10%
DOWN AFTER EARNINGS –
Brown-Forman (BF.A) down 17%
Winnebago (WGO) down 11%
Toro Company (TTC) down 2%
Bark (BARK) down 16%
PVH Corp. (PVH) down 13%
Ciena (CIEN) down 2%
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today's best-performing stocks on TipRanks >>
Read More on BF.A:
Disclaimer & DisclosureReport an Issue
Brown-Forman down 16% at $27.80 after Q4 results and FY26 guidance
Brown-Forman reports Q4 EPS 31c vs. 56c last year
Brown-Forman sees FY26 organic net sales down low-single digits
Notable companies reporting before tomorrow's open
Brown-Forman price target lowered to $53 from $57.50 at Bernstein
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