News

Shares of biotech company Regeneron (NASDAQ:REGN) fell 9.6% in the morning session after the company reported weak first-quarter 2025 results. Its revenue missed significantly, and its EPS fell short of Wall Street's estimates. Revenue declined 4% from the prior year, as Regeneron struggled to offset the double-digit decline in net product sales, including a 29% plunge in legacy EYLEA, despite a 54% jump in EYLEA HD. Overall, this quarter could have been better.

Shares of building materials manufacturer UFP Industries (NASDAQ:UFPI) fell 6.7% in the morning session after the company reported disappointing Q1 2025 results: revenue, EPS, and EBITDA fell short of Wall Street's estimates. Sales declined slightly, driven by lower organic unit sales and modest price declines, with particularly sharp drops in the Retail and Packaging segments, offset only partially by slight growth in Construction. Overall, this was a weaker quarter.

Shares of manufacturing company Leggett & Platt (NYSE:LEG) jumped 29.7% in the afternoon session after the company reported strong first-quarter 2025 results: its revenue was in line with Wall Street's targets, while its EPS topped expectations. Despite the top-line decline, margins improved. That margin expansion, combined with cost control, helped adjusted EPS to clear analyst expectations. Overall, this was a good quarter.

Shares of manufacturing company Leggett & Platt (NYSE:LEG) jumped 29.7% in the afternoon session after the company reported strong first-quarter 2025 results: its revenue was in line with Wall Street's targets, while its EPS topped expectations. Despite the top-line decline, margins improved. That margin expansion, combined with cost control, helped adjusted EPS to clear analyst expectations. Overall, this was a good quarter.

Shares of identity management software maker Okta (OKTA) jumped 8.9% in the afternoon session after S&P Dow Jones Indices announced the company would be added to the S&P MidCap 400 before trading opens on Thursday, May 1, 2025. Being included in the index means that Okta will likely be held by many mutual funds and ETFs, which could potentially drive up demand for the stock.

Shares of chip manufacturer NXP Semiconductors (NASDAQ: NXPI) fell 8.6% in the afternoon session after the company reported mixed first-quarter 2025 results: Its inventory levels materially increased, and the next quarter's EPS guidance was just in line, seemingly not enough to excite the market. In addition, CEO Kurt Sievers announced plans to retire at the end of the year, creating more uncertainty amid tariff-induced concerns. On the other hand, NXP Semiconductors narrowly topped analysts' ad

Shares of chip manufacturer NXP Semiconductors (NASDAQ: NXPI) fell 8.6% in the afternoon session after the company reported mixed first-quarter 2025 results: Its inventory levels materially increased, and the next quarter's EPS guidance was just in line, seemingly not enough to excite the market. In addition, CEO Kurt Sievers announced plans to retire at the end of the year, creating more uncertainty amid tariff-induced concerns. On the other hand, NXP Semiconductors narrowly topped analysts' ad