Broadcom Drops, CrowdStrike Falls, Five Below Tumbles After Beat as Retailer Frets Over Consumer
On this episode of Stock Movers:- Broadcom (AVGO) shares fall after the chipmaker gave an outlook that was seen as underwhelming given the industry’s AI-related demand.- CrowdStrike (CRWD) shares fall after the security software company reported first-quarter results beat, which wasn’t strong enough to lift the stock that has more than doubled from a March low.- Five Below (FIVE) shares fall after the retailer reported results, and while the quarter was a “standout,” the growth rate might be peaking, according to Jefferies.See omnystudio.com/listener for privacy information.
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