Stocks to Watch: American Eagle, Cooper Cos., Navan, Skillsoft
Dow Jones
9 hours ago
American Eagle Outfitters said merchandise margins shrank in the latest quarter due to more promotions in its core business. Shares fell 10%, to $15.12, in after-hours trading Wednesday.
Cooper Cos. lowered its outlook after reducing the inventory of its contact-lens business. The stock slid 16%, to $53.35, after the bell.
Navan said it was acquiring an events platform called BoomPop. Shares shed 17%, to $21.60.
Skillsoft cut its outlook after logging lower second-quarter sales. The stock declined 13%, to $5.56.
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