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Yahoo Finance host Josh Lipton tracks today's top moving stocks and biggest market stories in this Market Minute, including Wingstop's (WING) first quarter earnings figures, Scotts Miracle-Gro Company's (SMG) stock decline after posting second quarter results, and Qorvo's (QRVO) fiscal fourth quarter earnings beat.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for Yahoo Finance's Market Minute. Stocks slide as investors digest the first contraction of the US economy in three years and look ahead to big tech earnings. Wingstop shares are flying high as the company tops first quarter earnings estimates. The fast casual restaurant chain also anticipating it will return to comparable sales growth through the third quarter. Scotts Miracle-Gro is sliding as second quarter net sales fall below Wall Street expectations. Company no longer providing a full year revenue guidance for its Hawthorne segment, given uncertainty in the cannabis industry. Truist Securities highlighted the maintained outlook for its US consumer segment is encouraging. Corvo topping fourth quarter earnings estimates, and the company also provides a better than expected revenue forecast for the first quarter. Benchmark highlighting content share gains at Samsung. And that's your Yahoo Finance Market Minute. For more on what's trending, scan the QR code below.