Stansberry Research

U.S. Late-Day Stock Moves: CAL, JWN, KSS, TWOU, COOP

Daniel SmootStansberry NewsWire

Advances:

  • Caleres (CAL) +29.4%. CAL's first-quarter earnings, revenue, gross margin, and operating margin were better than expected.
  • Nordstrom (JWN) +13.6%. JWN's first-quarter revenue was better than anticipated.
  • Kohl's (KSS) +12.1%. KSS received acquisition offers, with Sycamore Partners, Franchise Group, and Simon Property reportedly planning to submit bids of their own.

Declines:

  • 2U (TWOU) -17.4%. TWOU shares were downgraded from "neutral" to "underweight" at Piper Sandler.
  • Cooper (COOP) -1.8%. COOP said its net income will break even in the second quarter.