Deckers Outdoor Slides, T-Mobile Falls, and Moderna Drops
On this episode of Stock Movers:
- Deckers Outdoor (DECK) shares shares slide as much as 8.4%, the most intraday in about a year, after the owner of the UGG and Hoka brands cut its full-year net sales guidance to below consensus. Analysts note that US consumer demand remains challenging.
- T-Mobile (TMUS) shares fall. Tower companies gain and wireless carriers slide after SpaceX was said to be targeting 80,000 or more US cell sites, with talks underway with at least one infrastructure owner.
- Moderna (MRNA) shares drop. Moderna Inc. and Merck & Co. shares plummeted after data on the companies' personalized melanoma vaccine wasn't enough to prove to investors that a new era of cancer treatments has arrived. The vaccine, given with Merck's Keytruda, slashed the risk of cancer recurrence by 42% and reduced the chances of distant spread by 38% in a trial of over 1,100 patients.
See omnystudio.com/listener for privacy information.
You May Also Like

How Money Works
How Money Works

Bloomberg Talks
Bloomberg

Marketplace
Marketplace

Datasets
Visionary

Next Day Prep
WaveRider Markets

Mining Stock Daily
Trevor Hall

Know Your Risk Podcast
Know Your Risk Radio

The Chris Voss Show
Chris Voss

CNBC Business News Update
CNBC

Lead Better
Admired Leadership
Community discussion