Manchester United, Dave & Buster's, Rentokil: Stocks In Focus
Shares of English soccer team Manchester United (MANU) are sliding Wednesday morning after reporting its fiscal fourth quarter earnings results.
Barcade chain Dave & Buster's (PLAY) sees its stock getting a lift after posting second quarter earnings.
Lastly, pest control business Rentokil Initial (RTO) sinks after warning of a profit slowdown.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
This post was written by Luke Carberry Mogan.
Video transcript
Now time for a closer look at some of the top trending tickers moving the market here, Yahoo Finance makes it easy to track the best and worst performing stocks of the session with our trending tickers page.
You can scan the QR code on the screen to connect to our site and check out the latest.
And let's check out a closer look at Yahoo Finance's trending tickers, three names to watch.
First of all, we've got Manchester United, then we've got Dave and Busters and then Rental Kill.
That one's gonna be a new one for you.
But first, let's go to Manchester United here.
30 seconds on the clock.
Take a look at shares.
They're down by about 8% right now, man, you moving lower following the earnings release.
The club hosted 1/5 consecutive year of net losses here and there.
You're taking a look at shares of uh tip symbol conveniently titled Ma nu down by about eight, almost 9% here uh within the release here and I only have about 10 seconds, but within the release here, one of the things that they also mentioned total revenues contributing to what they said was a record 2024 total revenue driven by record commercial and match day revenues that make it.
No, I know you said that you had 10 seconds like a lot longer.
Let take a look at the Buster is moving higher after the company posted higher profit and revenue during its fiscal second quarter.
Looking gains of just about 7% that jumped to the upside.
We had seen shares up as much as 17% earlier in the trading day was actually the biggest intraday move to the upside that we've seen since June of 2023 in just over a year.
But we are back below those highs when it comes to these results that we are getting from Dave and Busters William Blair saying that it did overshadow softer than expected comp sales during the quarter there.
So a bit of weakness there for Dave and Busters.
But again, the street looking at this through an optimistic lens.
Yeah, I get to work on that company's IP O All right.
Also, uh shares of rent to kill and we said this one would be a new one for you plunging down nearly 20% after the pest control business warned that a slowdown in its North American market will hit profits over the second half of 2024 shares right now.
They're down.
Yeah, about 20%.
They clearly haven't done much research into the total addressable market here in New York.
City because otherwise they would find plenty of pests and rodents too go after.
Um, but ultimately here we'll see how they're able to turn this business around.