Investing.com
Published Feb 06, 2020 08:42AM ET
Updated Feb 06, 2020 09:01AM ET
By Geoffrey Smith
Investing.com -- Stocks in focus on Thursday, 6th February. Please refresh for updates.
9:01 AM ET: Yum! Brands (NYSE:YUM) stock was down 4.5% after missing consensus forecasts for same-store sales in the three months through December.
The continued weak performance of Pizza Hut in the U.S., up against increasing competition from the likes of Domino’s Pizza, offset better results from KFC and Taco Bell.
Shares in Peloton (NASDAQ:PTON) were down 7.7% premarket despite late Wednesday reporting fiscal second-quarter earnings ahead of expectations. The company was floated in September last year, and its shares have climbed above its IPO price of $29 after an initial rocky start. That said, the stock is one of the most heavily shorted in the market.
Written By: Investing.com
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