Robinhood Drops; Avis Lower; Adidas Jump
About this episode
This episode discusses the biggest winners and losers in the stock market, focusing on Robinhood, Avis Budget Group, and Adidas AG.
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Robinhood (HOOD) is down after the firm said expenses jumped 18% in the first quarter and warned that its “Trump account” push would require an additional $100 million investment. - Avis Budget Group (CAR) is moving lower after it reported a worse-than-expected loss for the first quarter the morning after a major investor revealed it sold a portion of its stake, sending the shares tumbling yet again. - Adidas AG (ADDYY) is moving higher after reporting upbeat first-quarter results supported by strong momentum in its apparel division and healthy demand for its football, running and training products. See omnystudio.com/listener for privacy information.
Topics covered
- stock market
- financial news
- company performance
- investor reactions
- earnings report
Keywords
- Robinhood
- Avis Budget Group
- Adidas
- stock market
- earnings report
- investor reactions
- financial news
Mentioned in this episode
Organizations: Robinhood, Avis Budget Group, Adidas AG, Trump account
Products: football, running, training products
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- Kone's Uplift, Aston Martin Stalls, UBS Beat
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