Stocks to Watch: Super Micro Computers, Trump Media & Technology Group, Exact Sciences

Dow Jones

2024/11/06

By Connor Hart

Super Micro Computer said it would strengthen its internal governance and oversight functions after Ernst & Young resigned as its auditor, citing mistrust of management. The server maker also continues to work on matters related to its filings with the Securities and Exchange Commission, and now expects lower sales than it had previously guided for in its fiscal first quarter. Shares tumble 15%, to $23.68, in postmarket trading.

Trump Media & Technology Group posted its third quarterly loss since going public in March, disclosing its latest financial results on the day of the U.S. election. The social media company of former President Donald Trump reported lower sales, though it narrowed its net loss. Chief Executive Devin Nunes said the company continues to explore additional possibilities for growth such as potential mergers and acquisitions, including in the realm of fintech. The stock ended a volatile day of trading down 1.2% at $33.94. Shares rise 5.7%, to $35.88, after hours.

Exact Sciences cut its full-year outlook and posted third-quarter revenue that missed estimates. The company, which makes cancer screening and diagnostic tests, now expects revenue between $2.73 billion and $2.75 billion for the year, down from a prior outlook of between $2.81 billion and $2.85 billion. Sales increased 13% to $708.7 million but missed the $716.8 million that analysts forecast. Shares plummet 30%, to $50.19, in postmarket trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

November 05, 2024 18:44 ET (23:44 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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The company, which makes cancer screening and diagnostic tests, now expects revenue between $2.73 billion and $2.75 billion for the year, down from a prior outlook of between $2.81 billion and $2.85 billion. Sales increased 13% to $708.7 million but missed the $716.8 million that analysts forecast. Shares plummet 30%, to $50.19, in postmarket trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 05, 2024 18:44 ET (23:44 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks to Watch: Super Micro Computers, Trump Media & Technology Group, Exact Sciences</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks to Watch: Super Micro Computers, Trump Media & Technology Group, Exact Sciences\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2024-11-06 07:44</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Connor Hart \n</p>\n<pre>\n \n</pre>\n<p>\n  Super Micro Computer said it would strengthen its internal governance and oversight functions after Ernst &amp; Young resigned as its auditor, citing mistrust of management. The server maker also continues to work on matters related to its filings with the Securities and Exchange Commission, and now expects lower sales than it had previously guided for in its fiscal first quarter. Shares tumble 15%, to $23.68, in postmarket trading. \n</p>\n<p>\n  Trump Media &amp; Technology Group posted its third quarterly loss since going public in March, disclosing its latest financial results on the day of the U.S. election. The social media company of former President Donald Trump reported lower sales, though it narrowed its net loss. Chief Executive Devin Nunes said the company continues to explore additional possibilities for growth such as potential mergers and acquisitions, including in the realm of fintech. The stock ended a volatile day of trading down 1.2% at $33.94. Shares rise 5.7%, to $35.88, after hours. \n</p>\n<p>\n  Exact Sciences cut its full-year outlook and posted third-quarter revenue that missed estimates. The company, which makes cancer screening and diagnostic tests, now expects revenue between $2.73 billion and $2.75 billion for the year, down from a prior outlook of between $2.81 billion and $2.85 billion. Sales increased 13% to $708.7 million but missed the $716.8 million that analysts forecast. Shares plummet 30%, to $50.19, in postmarket trading. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 05, 2024 18:44 ET (23:44 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1861220033.SGD","symbol_name":"Blackrock Next Generation Technology A2 SGD-H","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2481666996","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481666996","pubTimestamp":1730850240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Super Micro Computer said it would strengthen its internal governance and oversight functions after Ernst & Young resigned as its auditor, citing mistrust of management. 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The server maker also continues to work on matters related to its filings with the Securities and Exchange Commission, and now expects lower sales than it had previously guided for in its fiscal first quarter. Shares tumble 15%, to $23.68, in postmarket trading. \n\n\n  Trump Media & Technology Group posted its third quarterly loss since going public in March, disclosing its latest financial results on the day of the U.S. election. The social media company of former President Donald Trump reported lower sales, though it narrowed its net loss. Chief Executive Devin Nunes said the company continues to explore additional possibilities for growth such as potential mergers and acquisitions, including in the realm of fintech. The stock ended a volatile day of trading down 1.2% at $33.94. Shares rise 5.7%, to $35.88, after hours. \n\n\n  Exact Sciences cut its full-year outlook and posted third-quarter revenue that missed estimates. 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