Check out the companies making headlines after the bell.
, which beat estimates. The company reported earnings of $1.65 on revenues of $5.29 billion, whereas analysts polled by Refinitiv had expected earnings of $1.18 on revenues of $5.25 billion.
Lennar also reported that new orders are down 10% and the dollar value of those new orders is down 16%, but that business improved in May and the rebound has continued through the first half of June.
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Stocks making the biggest moves midday: Delta Air Lines, Carnival, Shopify, RH, Moderna, BP & moreAirlines and cruise lines took a hit while Shopify and RH traded higher around midday.
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Stocks Drop After Coronavirus Outbreaks In Beijing And U.S. StatesU.S. stock indexes slid today as dozens of new coronavirus cases were discovered in Beijing, prompting renewed lockdown measures. Cases are still rising in several U.S. states that have reopened their economies.
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Stocks sink worldwide as coronavirus infections rise againStocks are sinking again Monday on fears that new coronavirus infections could derail the economic recovery that Wall Street was sure was on the way.
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Asian stocks, oil sell off on second wave fearsAsian markets started the week on the backfoot on Monday while oil prices slipped as fears of a second wave of coronavirus infections in China sent investors scurrying for safe-havens.
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Leon Cooperman says speculation by Robinhood traders in stocks like airlines will 'end in tears'Robinhood traders 'are just doing stupid things, and in my opinion, this will end in tears,' Cooperman said.
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Stock market live updates: Stocks off lows, Dow was down 700 points, tech leads comeback“I think this will be a gradual recovery,” Blackstone’s Byron Wien says. “I think earnings will come back. But I think it'll be 2022 before we’re back to 2019 levels.”
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