VSAT - Hot Stocks: DG DLTR climb on earnings; VSAT falls; GME rallies again

Earnings news prompted a wave of buying in low-cost retailers Dollar General (NYSE:DG) and Dollar Tree (NASDAQ:DLTR), which both saw double-digit percentage gains in Thursday's midday trading after each reported strong financial figures. GameStop (GME) was another standout gainer, as the meme stock darling extended momentum generated in the previous day's rally. Looking to the downside, Viasat (VSAT) lost ground in intraday action. The stock was hit by a disappointing quarterly report. Gainers Dollar General (DG) rebounded from its recent losses in intraday action, as its latest earnings report sparked a rally of more than 11%. The company beat expectations on its Q1 bottom line, with revenue that rose about 4% from last year. Same-store sales ticked down just 0.1% in Q1. Meanwhile, DG raised its forecast, predicting net sales growth of about 10.0%-10.5% for the year.  Fellow low-cost retailer Dollar Tree (DLTR) also experienced a major intraday upswing in

For further details see:

Hot Stocks: DG, DLTR climb on earnings; VSAT falls; GME rallies again