Company News for Jun 26, 2023

• CarMax Inc.’s (KMX) shares soared 10.1% after the company reported first quarter fiscal 2024 adjusted earnings per share of $1.16, beating the Zacks Consensus Estimate of $0.74.  
• The Goldman Sachs Group Inc.’s (GS) shares fell 1.5% following news that the company is likely to book huge write-down for the fintech firm GreenSky, which it acquired in 2021.  
• Shares of Starbucks Corp. (SBUX) tumbled 2.5% following news that around 3,500 workers will strike to protest management’s ban on Pride month decorations in the United States.
• Shares of GSK plc (GSK) climbed 4.9% after completing first legal settlement regarding allegations that its Zantac heartburn medication causes cancer.

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