Celsius Slumps, SoundHound Soars, MetLife Jumps on Underwriting, Volume Growth
About this episode
On this episode of Stock Movers:
-Celsius Holdings Inc. (CELH) shares tumbled after the energy drink maker’s second-quarter revenue missed expectations as competition hurt sales of its namesake brand. The company’s revenue grew 11% to $817.9 million from a year earlier, missing the $872.6 million average estimate, and revenue for the Celsius line fell 12%.
-SoundHound (SOUN) shares soar after the software company reported better-than-expected second-quarter revenue. D.A. Davidson analyst Gil Luria says the company “reported a strong quarter delivering revenue well ahead of expectations.”
-MetLife (MET) shares jump after second-quarter earnings surpassed Wall Street’s expectations. They were boosted by strong underwriting, volume growth and the success of a five-year plan outlined in late 2024. Adjusted earnings per share climbed about 20% to $2.43 from a year ago, exceeding the $2.30 average estimate of analysts surveyed by Bloomberg. Net investment income rose 18% to $6.7 billion, MetLife said in a statement Wednesday.
See omnystudio.com/listener for privacy information.
Get every episode summarized
Each time Stock Movers publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Stock Movers
CrowdStrike Rallies, Coinbase Gains, HPE Falls
Stock Movers
Chevron Rises, Oracle Drops, Roblox Gains as Wedbush Says New Tools Can Accelera...
Stock Movers
RUM Group Rallies, ServiceNow Rises, and Baldwin Insurance Gains on Dell & Seque...
Stock Movers
Dell-Baldwin Acquisition; ; Oracle-Ellison Stock Plan
Stock Movers