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Stock Market Shifts: Winners and Losers of the Week
USA, St. PetersburgFriday, March 21, 2025
Tesla faced a "brand tornado crisis" due to a political backlash from CEO Elon Musk's work with the Department of Government Efficiency. Analysts at Wedbush Securities suggested that Musk needs to balance his role with the DOGE and his duties as Tesla CEO to prevent permanent brand damage. They also recommended that Musk provide investors with a roadmap and timing for the lower-cost EVs and details on the rollout of unsupervised full self-driving. Tesla shares have lost about half their value since hitting a record high in December, and the company has seen its sales slow in the U. S. , China, and Europe.
Darden Restaurants, the parent of Olive Garden and LongHorn Steakhouse, saw its shares surge after its CEO reported that consumers are still spending at its establishments. Despite weaker-than-expected third-quarter sales, Darden's same-restaurant sales rose 0. 7% overall, with gains at both Olive Garden and LongHorn. The company kept most of its full-year outlook intact and is expanding its partnership with Uber, launching a pilot program of Uber Eats deliveries from 10 Cheddar's Scratch Kitchen locations.
Five Below, a discount retailer, posted better-than-expected results and issued a rosy outlook, leading to a surge in its shares. The company's fourth-quarter adjusted earnings per share and net sales exceeded forecasts, driven by a successful holiday sales strategy and plans to open more locations. Despite today’s roughly 7% gain, shares of Five Below have sunk more than 60% over the past year.
Accenture, a professional services firm, saw its shares fall sharply after reporting higher revenue but lower profit than analysts expected. The company's earnings per share and revenue exceeded expectations, but concerns about the company's growth prospects amid an economic slowdown and government spending cuts weighed on the stock. Accenture's shares have lost more than 20% over the past 12 months.
Boeing shares turned in their best one-day performance in nearly two years after bullish remarks from the plane maker’s chief financial officer, news of a new aircraft order, and a favorable deliveries outlook from analysts. The stock gained nearly 7% Wednesday, leading advancers on both the S&P 500 and Dow Jones Industrial Average. Despite this surge, Boeing shares were down slightly in premarket trading Thursday at around $172.
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