Workhorse Stock Sinks After Company Cuts Its Sales Outlook

Workhorse Group stock tumbled on Tuesday after the electric-van manufacturer said it expects to sell fewer vehicles than previously expected and cut its revenue guidance for the full year. Workhorse…

Mortgage demand sinks even as rates drop

People wait to visit a house for sale in Floral Park, Nassau County, New York. Wang Ying | Xinhua News Agency | Getty Images Mortgage rates dropped for the second…

Euro Sinks to Edge of Dollar Parity as Pros Call It ‘Unbuyable’

(Bloomberg) — With the European economy lurching toward a recession, traders are growing more convinced that the euro breaking parity with the dollar is imminent. Most Read from Bloomberg Shorting…

Shopify sinks after earnings miss, $2.1 billion purchase of Deliverr

An employee works at Shopify’s headquarters in Ottawa, Ontario, Canada. Chris Wattie | Reuters Shares of Shopify plunged more about 15% Thursday after the company reported first-quarter results that missed…

As Dow sinks over 1,000 points, signs of panic-selling emerge in stock market

Panic-like behavior was starting to set in on Wall Street on Thursday, at least from a technical perspective, as the Dow industrials shed all of the previous day’s gain, and…

Rupee Sinks to Record With Stocks as Ukraine Crisis Boosts Oil

(Bloomberg) — The Indian rupee tumbled to a record low along with stocks and bonds as a spike in oil prices spurred by the war in Ukraine threatened to inflate…

Nasdaq Sinks Into Death Cross After 16% Drop From November Peak

(Bloomberg) — The Nasdaq Composite Index tumbled into an ominous “death cross” technical formation Friday for the first time since April 2020, when the pandemic battered the global economy and…

Shopify Stock Sinks Because the Company Sees a Sales Slowdown

Text size Dreamstime Shopify stock tumbled on Wednesday after the e-commerce software company reported fourth-quarter earnings that narrowly beat expectations, but cautioned about revenue headwinds in the first half of…

Edwards Lifesciences (EW) Stock Sinks As Market Gains: What You Should Know

This story originally appeared on Zacks Edwards Lifesciences (EW) closed the most recent trading day at $118.26, moving -1.83% from the previous trading session. This change lagged the S&P 500’s…

Stitch Fix stock sinks on lower-than-expected forecast

Stitch Fix Inc. shares plunged after hours Tuesday after issuing guidance below expectations, citing an evolution in its business and continued port congestion and supply-chain issues. Stitch Fix SFIX, +4.61%…