Home Depot — The home improvement retailer’s shares dropped more than 4% after reporting second-quarter results. Comparable-store sales fell short of forecasts, however, rising 4.5% compared to a StreetAccount consensus estimate of 5%. However, Home Depot earned $4.53 per share, 9 cents a share above estimates. Revenue also topped forecasts.
23andMe — Shares of 23andMe surged over 14% in midday trading after Credit Suisse initiated coverage of the stock with an outperform rating, saying in a note to clients that the company’s database would be hard to match for pharmaceutical research.
Walmart — The big-box retailer’s share price rose about 0.2% after reporting second-quarter earnings that topped analyst estimates. The retailer gained ground in groceries and reported a strong start to the back-to-school season.
Tencent Music — Tencent Music shares dropped roughly 13% after the online music entertainment platform missed on second-quarter revenue expectations. The company reported revenue of 8.01 billion Chinese yuan, compared with the 8.13 billion Chinese yuan analysts surveyed by Refinitiv expected.
Endeavor Group Holdings – Shares of the company jumped about 9% after the entertainment group beat bottom-line estimates during the second quarter.
