Stansberry Research

U.S. Midday Stock Moves: CAL, KSS, JWN, TWOU, COOP

Daniel SmootStansberry NewsWire

Advances:

  • Caleres (CAL) +30.5%. CAL's first-quarter earnings, revenue, gross margin, and operating margin were better than expected.
  • Kohl's (KSS) +15.9%. KSS received acquisition offers, with Sycamore Partners, Franchise Group, and Simon Property reportedly planning to submit bids of their own.
  • Nordstrom (JWN) +11.4%. JWN's first-quarter revenue was better than anticipated.

Declines:

  • 2U (TWOU) -12.3%. TWOU shares were downgraded from "neutral" to "underweight" at Piper Sandler.
  • Cooper (COOP) -2.9%. COOP said its net income will break even in the second quarter.