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Markets Mostly Dip Red Late in Regular Trading
HimsHims(US:HIMS) ZACKSยท2025-02-24 23:56

Market Performance - Major market indexes closed in the red, with the S&P 500 down -0.50%, Nasdaq down -1.21%, and Russell 2000 down -0.78%, while the Dow gained +0.08% due to strong performances from Travelers and Nike [1] NVIDIA - NVIDIA shares reached all-time highs at the beginning of the year but have since declined, trading down -3% just before its anticipated Q4 earnings results, raising questions about whether this represents a buying opportunity or a warning [2] Palantir - Palantir shares fell -10.5% today, marking a -27% drop from its all-time highs reached a week ago, influenced by potential reductions in Defense Department contracts by as much as -8% annually over the next five years; however, the company is still up +19% year-to-date and +285% over the past year [3] Zoom Video - Zoom Video reported Q4 earnings of $1.41 per share, slightly exceeding expectations, with revenues matching forecasts at $1.18 billion; however, shares fell -4% in late trading due to lower revenue guidance for the next quarter, remaining flat year-to-date but up +28% from the previous year [4] Hims & Hers - Hims & Hers shares dropped -17% following its Q4 report, despite outperforming revenue expectations and providing increased guidance for the upcoming quarter and full year; the decline is attributed to a "sell the news" reaction after a +112% increase year-to-date [5]