
The Pandora stock price falls due to weak U.S. sales
Pandora (OTC:PANDY) announced poor second-quarter U.S. sales on Tuesday, lowering its stock price. The business reiterated its 2017 prediction, saying rising expenses had not hurt jewelry sales.
Stock market news from the US and around the world. Our news team reports on market moving events around the world, that traders need to know in order to stay on top of developments in the companies whose stocks they trade. Follow breaking news on global financial markets with our real-time news feed. Access forex news live and read about the latest trends affecting global stocks. Read the news on the stock market in stocks trading strategies.
Pandora (OTC:PANDY) announced poor second-quarter U.S. sales on Tuesday, lowering its stock price. The business reiterated its 2017 prediction, saying rising expenses had not hurt jewelry sales.
Google, a subsidiary of Alphabet (NASDAQ:GOOGL) Inc, was fined A$60 million ($42.7 million) by Australia’s Federal Court for misrepresenting consumers over location data collection.
GSK led the rise in healthcare companies on Friday, while Flutter’s bullish earnings forecast boosted the travel and leisure sector.
An Indonesian cabinet official said Friday that fuel prices may rise as the government tries to reign in its skyrocketing energy subsidies in response to rising global oil prices.
Foxconn, an Apple Inc. supplier, has provided a pessimistic outlook for the current quarter, citing a dip in smartphone demand following a pandemic-driven increase.