On this episode of Stock Movers:
-Chewy shares (CHWY) fall after Jefferies analyst Kaumil Gajrawala cut the recommendation on the online retailer of pet products to hold from buy, writing that valuation appears “primed” for a first-quarter beat and raise that’s unlikely to happen.
-Dollar Tree shares (DLTR) are up after JPMorgan upgraded the discount retailer to overweight from neutral.
-Planet Labs shares (PL) jump after first-quarter revenue beat estimates. Analysts at Citizens said the satellite data provider had a “stellar quarter” and the stock remains an opportunity for long-term capital appreciation.

Weekly Roundup: CF Industries Rises, Centene Sinks, Hims & Hers Skyrockets
03:26

Meta Platforms, Adobe and Ulta Beauty Plunge
05:05

Adobe Falls, Peloton Drops, Hims & Hers Health Mixed As Shares Set for Record Week
04:10