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Company News For Oct 3, 2018

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  • Amazon.com Inc.’s (AMZN - Free Report) shares declined 1.7% following news that the company has decided to hike minimum wage rate to $15 per hour for all U.S. employees effective Nov 1
  • Shares of Clovis Oncology Inc. soared 7.7% following news that its upcoming drug Rubracafor the treatment of prostate cancer, received breakthrough therapy designation from the FDA
  • PepsiCo Inc.’s (PEP - Free Report) shares dropped 1.8% after the company reduced its full-year 2018 core earnings per share guidance from $5.70 to $5.65 due to strong dollar
  • Shares of Stitch Fix Inc. (SFIX - Free Report) plunged 35.2% after posting fiscal fourth-quarter 2018 revenues of $318 million, missing the Zacks Consensus Estimate of $319 million

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