TSN - Estée Lauder Posts Upbeat Earnings Joins ON Semiconductor Tyson Foods And Other Big Stocks Moving Higher On Monday | Benzinga
U.S. stocks traded lower, with the Dow Jones falling over 300 points on Monday.
Shares of The Estée Lauder Companies Inc. (NYSE: EL) rose sharply during Monday’s session after the company reported better-than-expected second-quarter financial results and announced a restructuring program, which includes an estimated net reduction of roughly 3 to 5 percent of its positions as of June 30, 2023.
Estée Lauder shares gained 14% to $152.93 on Monday.
Here are some other big stocks recording gains in today’s session.
- 4D Molecular Therapeutics, Inc. (NASDAQ: FDMT) jumped 100.9% to $35.13 after the company announced interim data from the Phase 2 PRISM clinical trial evaluating intravitreal 4D-150 in wet AMD patients with severe disease activity and a high treatment ...