Midday movers: Target, Norwegian Cruise Line, AMC Entertainment and more

  • Investing.com
  • Stock Market News
Midday movers: Target, Norwegian Cruise Line, AMC Entertainment and more
Credit: © Reuters.

By Liz Moyer

Investing.com -- Stocks were mixed on Tuesday, looking to close out the month on a down note after the rally at the start of the year. Here are the midday movers for Feb. 28.

  • Target Corporation (NYSE: TGT ) shares rose 2.9% after the retailer beat expectations for the holiday quarter, as bargain hunters headed to stores. Its guidance for the full year, however, was short of expectations.
  • Norwegian Cruise Line Holdings Ltd (NYSE: NCLH ) shares fell 11.7% after the cruise operator reported a bigger-than-expected loss in the fourth quarter. Its guidance for the first quarter and this year also was short of expectations.

  • AMC Entertainment Holdings Inc (NYSE: AMC ) shares fell 3.9% ahead of the movie theater chain's earnings this evening. AMC announced a plan with Walmart (NYSE: WMT ) to sell movie-theater popcorn in the stores.

  • Goldman Sachs Group Inc (NYSE: GS ) shares were down 2.6% after the investment banking giant said at its investor day that it was considering shrinking its consumer business after billions of dollars of losses in the past three years.

  • Universal Health Services Inc (NYSE: UHS ) shares fell 9% after the healthcare management company issued full-year earnings per share guidance of $9.50 to $10.50, which falls below the consensus estimate.

Add Chart to Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
Please try another search

Related Articles