© Reuters.
By Liz Moyer
Investing.com — Stocks were lower on Thursday as investors paused to await Friday’s report on November jobs. Here are the midday movers for Dec. 1.
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Dollar General Corporation (NYSE:) shares fell 8.4% after the discount retail chain cut its annual forecast citing higher costs and for profit. Revenue and same-store sales were higher than expected.
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Salesforce Inc (NYSE:) stock dropped 9.8% after the human resources software provider said co-CEO Bret Taylor would be leaving the company, leaving co-founder Mark Benioff as sole CEO. The company on profit and revenue.
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Kroger Company (NYSE:) stock dipped 0.4% after the grocery giant better than expected profit and sales and raised its full-year outlook. Comparable store sales rose 6.9%, beating expectations. Costco Wholesale Corp (NASDAQ:) shares fell 6% after it said online sales dipped 10% in November.
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Okta Inc (NASDAQ:) shares jumped 23% after the security software maker . It said revenue growth for fiscal 2024 should be around 16% to 17%, which was below expectations. But it also reported positive operating margin in the recent quarter.
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Designer Brands Inc (NYSE:) shares fell 22% after earnings per share of expectations. It cut its full-year 2022 EPS guidance to $1.75 to $1.80, down from earlier guidance of $2.05 to $2.15.
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