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Company News for Mar 21, 2022

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  • Shares of FedEx Corporation (FDX - Free Report) declined 4% after the company reported third-quarter fiscal 2022 earnings of $4.59 per share, lagging the Zacks Consensus Estimate of $4.69 per share.
  • GameStop Corp.’s (GME - Free Report) shares gained 3.5% after the company reported fourth-quarter 2021 revenues of $2.25 billion, surpassing the Zacks Consensus Estimate of $2.19 billion.
  • Shares of StoneCo Ltd. (STNE - Free Report) surged 42% after the company reported fourth quarter 2021 earnings of $0.02 per share, outpacing the Zacks Consensus Estimate of $0.01 per share.
  • United States Steel Corporation’s (X - Free Report) shares fell 4.6% after the company issued weaker-than-expected guidance for the current quarter.