![Ladder Health Secures M Seed Funding to Expand Virtual Pediatric Therapy Access Across Multiple States]](https://i0.wp.com/medcitynews.com/wp-content/uploads/sites/7/2019/08/GettyImages-1023100382-1.jpg?w=1024&resize=1024,1024&ssl=1 "Ladder Health Secures M Seed Funding to Expand Virtual Pediatric Therapy Access Across Multiple States]")
Investors reacted strongly post-market following key earnings announcements. Below is a breakdown of the most notable stock movements: – FedEx Corp. (FDX) – Shares fell approximately 6% despite slightly exceeding revenue forecasts. The logistics giant reported Q4 revenue of $25.01 billion, surpassing the $24.04 billion target set by LSEG analysts. – KB Home (KBH) – The residential developer gained 2% after revealing fiscal Q2 revenue of $1.11 billion, exceeding analyst estimates by $10 million ($1.10 billion). However, its earnings per share (EPS) of $0.43 lagged behind the projected $0.45 per share from FactSet data. – Cerebras Systems (CBRS) – Semiconductor startup Cerebras dropped 8% post-IPO earnings release. The company reported a Q1 net loss of $22 million and forecasted a significant decline in second-quarter gross margins (36%-38%) from their previous quarter’s 46.5%. – Nike Inc. (NKE) – Shares rose 1% after CFO Matthew Friend announced his planned departure, with Pfizer executive David Denton designated as successor. The sportswear manufacturer also disclosed that upcoming quarterly results will include unexpected tariff refund benefits. – Worthington Enterprises (WSM) – The industrial equipment maker experienced sharp declines (-10%) after Q4 results showed adjusted EPS of $0.97 and revenue of $371.5 million, both missing analyst expectations of $1.06 EPS and $386.5 million revenue per FactSet.
