Aug. 20 at 7:49 PM
Notable movers: today
Target fell -5.8% despite beating Q2 estimates, after naming COO Michael Fiddelke to succeed CEO Brian Cornell in 2026, disappointing investors seeking an external hire.
Lowe’s gained +0.9% on strong earnings, raised guidance, and its
$8.8B acquisition of Foundation Building Materials.
Palantir slid -2.0%, extending losses to a sixth session as investors rotate out of pricey AI names; still up +109% YTD.
Intel dropped -7.4% after Tuesday’s nearly 7% jump on SoftBank’s $ 2B investment; shares remain up +28% in August.
Nvidia slipped -1.5% with broader tech ahead of earnings next week; heading for its first two-week losing streak since April.
TJX rose +3.3% on an earnings beat and higher full-year outlook.
Estée Lauder fell -4.3% as weak sales guidance offset in-line Q4 results.
Analog Devices advanced +5.2% after topping estimates and issuing upbeat guidance.
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