Update privacy choices
News

Hormel, Alibaba and LBrands are the Yahoo Finance charts of the day.

Yahoo Finance Video

Let's check out the Yahoo Finance charts of the day.

Hormel (HRL): Shares are down in early trade, at around 2.8%.  The owner of Skippy and Spam brands cut its sales outlook as they face increasing supplies of meat products and pressure from tariffs. The company trimmed its full-year revenue guidance to between $9.4 billion to $9.6 billion.

Alibaba (BABA): Shares are up here, at around 4.2%.  The e-commerce giant reported adjusted earnings below the consensus estimate. Revenue was above forecasts and jumped 61 percent from a year earlier. Baba saw a jump of 17 million mobile monthly average users from the prior quarter, to a total of 634 million.

L Brands (LB): Shares down here, around 9.5%. The Victoria's Secret parent came in 2 cents a share above estimates, with quarterly earnings of 36 cents per share.

For more on today's big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance.

Reactions

What to read next