Five Below, Inc. (FIVE)
After hours:
| Previous Close | 71.75 |
| Open | 72.00 |
| Bid | 71.83 x 300 |
| Ask | 72.01 x 800 |
| Day's Range | 71.02 - 72.38 |
| 52 Week Range | 71.02 - 216.18 |
| Volume | |
| Avg. Volume | 1,801,498 |
| Market Cap | 3.963B |
| Beta (5Y Monthly) | 1.19 |
| PE Ratio (TTM) | 13.55 |
| EPS (TTM) | 5.31 |
| Earnings Date | Aug 28, 2024 - Sept 02, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 111.21 |
BloombergFive Below Slumps to 2020 Low as Retailer Loses Analysts’ Faith
(Bloomberg) -- Wall Street’s enthusiasm for Five Below Inc. plummeted along with its shares Wednesday, with the departure of its long-time chief executive officer and worries about tariffs driving analysts to the sidelines. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayUS Floats Tougher Trade Rules to Rein In China Chip IndustryHigh-Flying Chipmakers See Worst Plunge Since 2020: Markets WrapBrookfield Lines Up a 36-Year-Old Rising Sta
- Yahoo Finance Video
Small caps, biggest themes in the media landscape: Catalysts
On today's episode of Catalysts, hosts Seana Smith and Madison Mills break down major market trends from the rise of small-cap stocks to the mergers and acquisitions activity within the media industry. The Russell 2000 (^RUT) has risen by more than 10% in the last five trading sessions, marking the longest streak of gains for the small-cap index since April 2020. MAI Capital Management chief equity strategist Chris Grisanti believes that small caps are still "underpriced" despite the Russell 2000 having "its biggest move in terms of standard deviations that we've seen in more than 30 years over the last week." He adds that small-cap stocks are cheap buying opportunities: "I don't think it's too late to initiate positions if you haven't already." Retail stocks are on the move as shares of Five Below (FIVE) sink nearly 20% after the retailer announced its CEO Joel Anderson is resigning. The retailer also lowered its second quarter guidance. Meanwhile, shares of Vans parent company VF Corporation (VFC) are jumping on reports that the apparel company will be selling its Supreme brand to European eyewear brand EssilorLuxottica (EL.PA, ESLOY) for $1.5 billion. Paramount Global's (PARA, PARAA) plans to merge with Skydance Media have left investors pondering whether more M&A deals could be in the media landscape's future. As part of this week's Media, Streaming, & Investing: What's Next special, Market Domination host Josh Lipton breaks down analysts' forecasts for mergers and acquisitions in the media industry and the potential headwinds media companies face as the 2024 presidential election nears. LightShed Partners partner and media & technology analyst Rich Greenfield believes that "no major M&A would happen this year, and I think that's what played out," believing media M&A deals such as Paramount's merger with Skydance will be finalized in 2025 due to regulatory concerns. Catch more Yahoo Finance coverage on the media and streaming landscapes as part of this week's Media, Streaming, & Investing: What's Next special. This post was written by Melanie Riehl
StockStoryWhy Five Below (FIVE) Shares Are Getting Obliterated Today
Shares of discount retailer Five Below (NASDAQ:FIVE) fell 23.1% in the afternoon session after the company cut Q2'2024 sales and EPS guidance and announced that CEO and President Joel Anderson had stepped down.
