TGT - Hot Stocks: Retailers in focus with LOW TJX TGT PLCE results; REGN gets interest with COVID spike
Retailers took center stage in Wednesday's pre-market period as Lowe's (NYSE:LOW), TJX (NYSE:TJX), Target (NYSE:TGT) and Children's Place (NASDAQ:PLCE) all announced their quarterly results before the bell. Regeneron (NASDAQ:REGN) also saw some interest in pre-market action after The Wall Street Journal reported that sales of antibody treatments have soared as COVID worries mount. Lowe's (LOW) exceeded expectations on both its top and bottom lines. The company also gave a full-year revenue projection that was just above the consensus estimate. LOW rose almost 5% in Wednesday's pre-market period on the news. On Tuesday, shares had fallen nearly 6% following the release of earnings from rival Home Depot (NYSE:HD). TJX (TJX) also reported better-than-expected earnings early Wednesday. The retailer's Q2 EPS topped expectations by nearly 39%, while revenue climbed 81% from last year to reach $12.08B. TJX rose 1% on the news. Wednesday's list of retailer earnings also included Target (TGT). The company
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Hot Stocks: Retailers in focus with LOW, TJX, TGT, PLCE results; REGN gets interest with COVID spike