FedEx's weak guidance, Bed Bath & Beyond bludgeoned, Amazon's smart glasses
It’s time to check out the Final Round charts of the day.
First up is FedEx. The shipper in focus today after it missed on earnings by 58 cents and cut its forecast, due to the estimated negative impact of Hurricane Harvey and a cyberattack affecting TNT Express.
Taking a look at the chart, shares are up slight intraday.
Next up: Bed Bath & Beyond. It’s another earnings story here, after the home goods and suburban stalwart reported a profit and revenue miss and had same-store sales that fell more than expected and offered weak guidance.
As you can imagine, the stock is getting hammered. Taking a look at the chart — Bed Bath is tumbling over 15%, to $22.78 a share, intraday.
Finally we have Amazon. Shares are in focus today as FT reports Amazon is working on its first wearable device, a pair of ‘smart glasses.’ The device, which look like a regular pair of glasses, allows users to summon Alexa any time, according to sources. The glasses use a bone-conduction audio system to allow users to hear Alexa without having to use headphones.
Shares of Amazon are up today, less than a half percent intraday. But in the past 6 months, Amazon’s shares are up nearly 14%.
And for more on today’s big movers, make sure you check out the Final Round, live today at 3:55 p.m. Eastern, right here on Yahoo Finance.
