$CRM, a key player in the market, experienced a significant drop in after-hours trading, leading to a decline of around $37 and roughly -240 Dow points. The stock closed at $232, down 14%, with weekly puts up over 1200%. Analysts noted the company's guidance and earnings performance, with some expressing concerns about its valuation and growth outlook.
Big oil draw. Meanwhile tech is being hit as $CRM lowers guidance, -17%. #OIL https://t.co/AcLAY4XHdP
$CRM #update More lows, some support at 217/220 but buyers should assume 200 risk on this one! These are D- Long setup, those chasing dips from 250 learned lesson, dnt do it, not worth it, dnt build bad habits! https://t.co/lhOJEfxiGu https://t.co/oysYLKo6Gg
$CRM back to long term buy zone at 50% retracement of entire bull run and top of 2023 yealy value at 230. Should be interesting maybe some capitulation into this move. It peaked back in March so natural correction has been ongoing.. nothing new https://t.co/kfxIAHEMYU
Solid quarter from $HPQ Beat on both top and bottom line and guidance in line. - Adj EPS $0.82 (est $0.81) - Rev $12.8B (est $12.6B) - Sees Q3 Adj EPS $0.78 To $0.92 (est $0.85) - Sees FY Adj EPS $3.30 To $3.60 from $3.25 To $3.65 Expecting Computex to be a big week for all… https://t.co/q8bSEjdmXs
Me, literally 45 minutes ago: I like $WDAY. Higher quality than $CRM and trades considerably cheaper on a recurring revenue multiple. Going to buy some. Me, now: wow, never in my life has a thesis worked out so quickly 🫡
$CRM update as of 4:30… -300 Dow points https://t.co/7uwB9D0Z7m
HP CEO: "We delivered a solid quarter and first half, and unveiled an innovative portfolio of solutions designed for the AI and hybrid era" $HPQ: +1.6% AH https://t.co/yOVX4NxdY6
$HPQ up 4% AH.... $PSTG up 6%
Tell me what you see……. (Hint: it isn’t good) https://t.co/vFa4OiFNeR
$CRM 📉 Nasty - trim guide by 1.7%, pounded for -17% No positions
$CRM pushing mid/high teens out yr FCF if can hold the line on costs
Whoa they already round-tripped $CRM to the November breakout spot https://t.co/nOIwHzGWsL
$CRM Big Dog in the market , Dow Component Taking down all Tech(non semi) $WDAY getting hit most https://t.co/G8oeoX9XBS
$CRM is the perennial overvalued company that never really impresses on earnings get somehow rebounds and same thing on repeat
Not sure I’ve ever seen $CRM down 16% or more. https://t.co/70ngZOWWt9
$CRM with a sneaky late day put spread somebody bought in final hour today.. likely hedges but should make coin https://t.co/5GgOYEHYco
$CRM with a sneaky late day put spread bought in final hour today.. likely hedges but should make coin https://t.co/Y0IGEPHyiq
$CRM #update Just flush to 200 that ll be good risk reward that is where buyers are some support 225! Destroying Dip buyers right now https://t.co/cYBFneEYJV https://t.co/RvxQMMjCp9
As I have been saying... $CRM https://t.co/dV3vmlgkSr
$HPQ | HP Inc. Q2'24 Earnings Highlights 🔹 EPS: $0.82 (Est. $0.81) 🟢 🔹 Revenue: $12.8B (Est. $12.59B) 🟢; DOWN -0.8% YoY FY'24 Guidance: 🔹 EPS: $3.30-$3.60 (Est. $3.43) 😕 Q3'24 Guidance: 🔹 EPS: $0.78-$0.92 (Est. $0.85) 😕 Key Financial Metrics 🔹 Operating Margin: 7.4%…
$CRM also guiding to only 9% CRPO growth in q2 which continues the decel
$CRM options were way underpriced expecting just a 4% earnings move into the week with a 6-quarter avg. max move over 9% Went unbalanced put butterfly's for our trade but was looking at long straddles too
$HPQ | HP Q2 24 Earnings: - Adj EPS $0.82 (est $0.81) - Rev $12.8B (est $12.6B) - Sees Q3 Adj EPS $0.78 To $0.92 (est $0.85) - Sees FY Adj EPS $3.30 To $3.60 Saw $3.25 To $3.65
$CRM $250 weekly puts closed around $1.50. Stock getting crushed in ah and trading around $232 (down 14%). Will be up over 1200% tomorrow if it stays around here. $PATH is down 30% 😳😳. Path is a top 6 holding in ARKK @ripster47 @StockMKTNewz.
$CRM $250 weekly puts closed around $1.50. Stock getting crushed in ah and trading around $232 (down 14%). Will be up over 1200% if it stays around here.
$HPQ Earnings: - Second quarter GAAP diluted net earnings per share ("EPS") of $0.61, within the previously provided outlook of $0.58 to $0.68 per share - Second quarter non-GAAP diluted net EPS of $0.82, within the previously provided outlook of $0.76 to $0.86 per share -… https://t.co/wKP6q9gEhZ
$CRM trading down $37 after hours. That equates to roughly -240 Dow points.
$CRM trading down $37 after hours. That roughly -240 Dow points.
$CRM implied move was 272.5±19.5 (253-292), currently down $33 AH
$CRM Ouch.
Ouch, $CRM hammered on a fairly thin miss https://t.co/0U4QjQhS2N
Down goes $CRM , nice, see if can take back 200-MA and settle in a bit
Add $CRM to the list. Down -10% A/H https://t.co/nytPgunVuk
$crm dive down