Rocket Lab Falls, Dell Drops, and Kimberly Clark Gains on Better-Than-Expected Prelim Earnings
On this episode of Stock Movers:
- Rocket Lab (RKLB) shares drop. Rocket Lab shares plunged after the company delayed the debut of its Neutron rocket, pushing the vehicle’s first flight to 2027.
- Dell (DELL) shares plunge. Barclays downgraded Dell, HPE, and NetApp on concerns that enterprise AI adoption is lagging.
- Kimberly-Clark (KMB) shares are up after the personal care products company reported preliminary adjusted earnings per share for the third quarter that beat the average analyst estimate. The maker of Scott toilet paper and Huggies diapers said it will issue quarterly results on Nov. 5.
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