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Company News for May 19, 2022

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  • Shares of Lowe's Companies, Inc. (LOW - Free Report) declined 5.3% after the company reported first-quarter fiscal 2023 revenues of $23,659 million, missing the Zacks Consensus Estimate of $23,731 million.
  • Shoe Carnival, Inc.’s (SCVL - Free Report) shares plummeted 16.5% after the retailer posted first-quarter fiscal 2022 revenues of $317.53 million, missing the Zacks Consensus Estimate of $329.15     million.
  • Shares of Doximity, Inc. (DOCS - Free Report) plunged 10.3% after the company announced a lower-than-expected sales outlook for the current quarter.
  • AutoWeb, Inc.’s shares plummeted 18.6% after the company issued a warning to investors that it has “substantial doubt” if it will manage to continue as a “going concern” because of its difficult cash position.

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