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Company News for Sep 21, 2023

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  • Shares of Steelcase Inc. ((SCS - Free Report) ) surged 19.3% after the company reported second-quarter fiscal 2023 earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.17 per share.
  • Coty Inc.’s ((COTY - Free Report) ) shares jumped 4.5% after the company raised its guidance for fiscal 2024, which it expects to get a boost from its prestige fragrance business.
  • Pinterest, Inc.’s ((PINS - Free Report) ) gained 3.1% after the company announced a share buyback program of up to $1 billion.
  • Shares of Microsoft Corporation ((MSFT - Free Report) ) declined 2.4% on the broader technology sector slump.

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