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Sweetgreen Tumbles, UnderArmour Drops, Doximity Soars as Outlook Spurs AI Enthusiasm
08/07/2026 | 3 mins.On this episode of Stock Movers:
-Sweetgreen (SG) shares tumble. Sweetgreen Inc. cut its annual outlook due to reduced consumer demand for fresh prepared foods during the cyclospora outbreak. The company now expects full-year sales at established restaurants to plummet as much as 8% this year, and its shares tumbled as much as 12% in New York trading on Friday. Sweetgreen has been trying to win over diners with cheaper options, including wraps, and has also reduced the number of restaurant openings, but sales at established locations fell 6.2% in the second quarter.
-UnderArmour (UAA) shares drop. Under Armour Inc. forecast a sharper revenue decline than previously expected as demand softens in several key regions. The athletic retailer now expects sales to fall by a mid-single digit percentage rate for the year. The revised forecast calls for declines in North America, Asia-Pacific, and Europe and the Middle East as the company grapples with a “challenging consumer demand environment,” Chief Executive Officer Kevin Plank said in a statement Friday.
-Doximity (Docs) shares surge as much as 229% in premarket trading after the healthcare software company raised its revenue forecast for fiscal 2027, and posted sales for the fiscal first quarter that was ahead of expectations. Analysts see the guidance boost as an encouraging sign of the company’s AI investments.
See omnystudio.com/listener for privacy information.- Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Dream Finders Homes (DHF) and Beazer Homes USA (BZH) shares are moving as Dream Finders as agreed a roughly $916 million deal to buy rival Beazer Homes USA. DFH will pay $33.50 per share in cash to acquire Beazer, according to a statement Friday that confirmed a Bloomberg News report. Beazer shares closed at $33.46 in New York on Thursday, giving the company a market value of around $915 million. The deal will value Beazer at about $2.2 billion including debt.
- Airbnb (ABNB) shares are moving after the company boosted its annual revenue forecast after seeing robust global travel demand, particularly in the US and Europe.
- Cloudflare (NET) is moving after it forecast adjusted earnings per share for the third quarter; the guidance beat the average analyst estimate. It also boosted its adjusted operating income forecast for 2025.
- Instacart (CART) shares are climbing after forecasting gross transaction value for the third quarter that beat the average analyst estimate.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kingspan shares rally as much as 15.2%, hitting their highest level since April 2022, after the insulation specialist topped expectations in the first half and lifted its trading profit guidance for the full year.
- Daimler Truck shares fell after the German manufacturer announced plans to build a new manufacturing plant in the US to defend its position in the key market and reduce its exposure to President Donald Trump’s tariffs.
- Stellantis shares fell as much as 3.8% after the carmaker was downgraded to underperform from market-perform at Bernstein, which says there is still substantial scope for estimate reductions more than a year after the appointment of the new CEO Antonio Filosa.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kingspan shares rally as much 14%, hitting their highest level since April 2022, after the insulation specialist topped expectations in the first half and lifted its trading profit guidance for the full year.
- Daimler Truck shares fell after the German manufacturer announced plans to build a new manufacturing plant in the US to defend its position in the key market and reduce its exposure to President Donald Trump’s tariffs.
- Genmab shares jump as much as 8.3%, the most since April 2025, after the Danish biotech company reported better-than-expected revenue and operating income for the second quarter and boosted its outlook for the full year.
See omnystudio.com/listener for privacy information. - Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Minimax extends its gains into a second day after Southbound investors purchased HK$2.7 billion ($344 million) worth of shares on the first day of the stock’s inclusion into the connect. Shares jump 18% to their highest level in nearly a month.
- M3 shares slumped as much as 21%, the most on record, after the medical information firm’s 1Q profit missed market expectations and it reported slow growth in its pharma marketing segment.
- Singapore’s top lenders are riding a wealth management boom that’s propelled their stock prices rally to records and helped second-quarter profit beat expectations. Wealth fees at DBS Group, Oversea-Chinese Banking Corp. and United Overseas Bank all jumped to all-time highs. DBS saw a 42% increase to S$919 million ($716 million).
See omnystudio.com/listener for privacy information.
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Listen for five-minute conversations on today's biggest winners and losers in the stock market.
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