Hims & Hers, Li Auto, Norwegian, GameStop, Nvidia, Micron, Wix.com, and More Movers
Hims & Hers Health soared 31% after the company said it would be adding GLP-1 injections to its weight-loss portfolio. The company said it now offers access to GLP-1 injections in addition to weight management oral medication kits.
U.S.-listed shares of Li Auto declined 13% after the Chinese electric-vehicle maker reported net profit in the first quarter that declined 37% and missed analysts’ estimates. Revenue was up 36% but average revenue per car sold in the first quarter was roughly $42,000, down about $8,000 from a year earlier.
Norwegian Cruise Line Holdings was up 8.4% after the cruise operator raised its expectations for full-year adjusted earnings to $1.42 a share from $1.32, saying it has “continued to see very strong demand and record bookings.” Shares of fellow cruise companies
and
also posted solid gains, rising 5.1% and 6.9%, respectively.
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jumped 24% after the cloud-based company reported better-than-expected first-quarter earnings and revenue and boosted its full-year outlook.
was falling 12% after tumbling 20% on Friday as the videogame retailer announced it was selling up to 45 million shares and issued disappointing fiscal first-quarter guidance.
Earnings reports are expected after the closing bell Monday from
and
Reports are expected later in the week from
Nvidia
,
Lowe’s
,
Target
,
Intuit
,
and
Workday
.
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was rising 2.6%. The chip maker is scheduled to report quarterly earnings on Wednesday after the stock market closes. The report is expected to confirm huge demand for Nvidia’s chips to power artificial-intelligence systems. The stock has risen 87% this year and 197% over the past 12 months.
Shares of
gained 3.7% to $129.97 after the memory chip maker was upgraded to Equal Weight from Underweight at
and the price target was boosted to $130 from $98.
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was rising 2.9% after Bloomberg reported activist investor Elliott Management has built a stake of more than $1 billion in the maker of York-brand heating and air conditioning equipment.
Write to Joe Woelfel at joseph.woelfel@barrons.com
