Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Apple (APPL) shares are up this morning as it delivered a strong revenue forecast for the third quarter, with sales expected to rise 14% to 17% in the period. The company warned that memory-chip costs will increase and that shortages of Mac computers will persist for “several months.”
- Estee Lauder (EL) is rising as the company boosted its organic net sales guidance for the full year; the guidance beat the average analyst estimate.