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MARKETS LIVE BLOG:

STOCKS HOLD GAINS AS BOND SELL-OFF HALTS

Mortgage applications in U.S. hit lowest level in nearly 30 years

Company News for May 12, 2023

Zacks Equity Research
·1 min read

  • Shares of CyberArk Software Ltd. (CYBR) gained 3.9% after the company reported first-quarter 2023 loss of $0.17 per share, narrower than the Zacks Consensus Estimate of a loss of $0.26 per share.

  • Geron Corporation’s (GERN) shares rose 2.5% after the company reported first-quarter 2023 loss of $0.07 per share, narrower the Zacks Consensus Estimate of a loss of $0.09 per share.

  • Shares of Tapestry, Inc. (TPR) jumped 8.3% after the company reported third-quarter fiscal 2023 earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.59 per share.

  • Dillard's, Inc.’s (DDS) shares increased 0.2% after the company reported first-quarter 2023 earnings of $11.77 per share, outpacing the Zacks Consensus Estimate of $9.07 per share.

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