Closing Bell: MiniMed Surges, Ulta Slips, CrowdStrike Beats Estimates

On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
- MiniMed (MMED) shares jump as much as 20%, most intraday on record, after the diabetes device maker reported fourth-quarter net sales and a CGM attachment rate that surpassed expectations. MiniMed also said it plans to commercialize dual glucose-ketone sensors with Abbott.
- Ulta (UTLA) shares traded lower after analysts noted that guidance for the retailer suggests a gloomier outlook for the back half of the year than initially anticipated.
- CrowdStrike (CRWD) delivered earnings after the bell, boosting adjusted earnings per share for the second quarter. Shares traded lower afterhours.

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