On this episode of Stock Movers:
- Estée Lauder (EL) shares rise. Estée Lauder Cos. plans to cut as many as 3,000 more jobs and generate a further $200 million of savings to help boost its turnaround plan. The company raised its profit outlook for the remainder of the fiscal year and expects adjusted earnings per share in the range of $2.35 to $2.45.
- Reddit (RDDT) shares rise. Reddit projected sales of $715 million to $725 million in the second quarter, surpassing Wall Street estimates. The company's first-quarter sales gained 69% to $663 million, outpacing the average estimate of $609.3 million.
- Clorox (CLX) shares slump as much as 10%, the most intraday since Feb. 2022, after the household products company’s organic sales missed consensus expectations for the third quarter and management cut its annual forecast.

On this episode of Stock Movers: - Est&eacute;e Lauder (EL) shares rise. Est&eacute;e Lauder Cos. plans to cut as many as 3,000 more jobs and generate a further $200 million of savings to help boost its turnaround plan. The company raised its profit outlook for the remainder of the fiscal year and expects adjusted earnings per share in the range of $2.35 to $2.45. - Reddit (RDDT) shares rise. Reddit projected sales of $715 million to $725 million in the second quarter, surpassing Wall Street estimates. The company's first-quarter sales gained 69% to $663 million, outpacing the average estimate of $609.3 million. - Clorox (CLX) shares slump as much as 10%, the most intraday since Feb. 2022, after the household products company&rsquo;s organic sales missed consensus expectations for the third quarter and management cut its annual forecast.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Estée Lauder Jumps, Reddit Rises, Clorox Sinks on Litter, Dressing Weakness 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ce8646be-ec42-42e0-ae0d-b43d01044a5f/transcript