Sell-the-News Hit: SNDK and WDC Drop After Strong Beats and Solid Guidance
Sandisk and Western Digital beat Q4 estimates but shares dropped after-hours on profit-taking and guidance that fell short of ultra-bullish forecasts.
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Crocs’ Ghost Office in Malta: The New Way U.S. Companies Dodge Taxes
Crocs claims all global profits from a two-person Malta office, saving $218.6 million in 2023 taxes; shares slide after report.
Tyra Biosciences Faces Investor Pressure After Pushing Back Key Trial Timelines
TYRA shares fell after Q2 results showed delayed BEACH301 and SURF302 data, a wider $45.6M loss, and potential dilution from a new $250M ATM.
Starboard Value Takes Major Stake in Shake Shack as Q2 Sales Rise but Profits Slip
Shake Shack reports 17% revenue growth and 3.5% same-store sales, but profits slip as Starboard Value builds a major position.
SolarEdge Stock Crashes Despite Strong Q2 Results as Guidance Misses
Strong Q2 results weren’t enough: SolarEdge stock plunged 24%—its worst day in 14 months—after issuing soft third-quarter revenue and margin guidance.
Insulet Shares Plunge After Cutting 2026 Sales Forecast on Slower U.S. Omnipod Growth
Insulet lowered its full-year sales outlook, citing weaker U.S. Omnipod demand and lower retention among type 2 diabetes users. The news heightens scrutiny on peers in the insulin pump and CGM space.