Dreamworks Results Spark 'Turbo' Selloff and Other #Stocks2Watch

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Published February 26, 2014

| FOXBusiness

Dreamworks Results Spark 'Turbo' Selloff and Other #Stocks2Watch

#Stocks2Watch: Dreamworks Results Spark 'Turbo' Selloff

Dreamworks shares came under pressure after its quarterly results ignited a selloff.

Dreamworks Animation (NASDAQ:DWA)

Dreamworks animation posted significantly weaker-than-expected quarterly sales amid write downs related to several factors, including animated movie "Turbo." The shares are tumbling more than 10%.

Target (NYSE:TGT)

Target's (NYSE:TGT) quarterly profits dropped sharply as the retailer struggled through a massive data breach. However, the results still topped estimates and the shares are up in volatile trading. 

First Solar (NASDAQ:FSLR)

First Solar (NASDAQ:FSLR) revealed weaker-than-expected quarterly profits, and posted a disappointing current-quarter outlook on bumpy sales from solar projects. The shares are taking a beating, recently falling 13%.

Abercrombie & Fitch (NYSE:ANF)

Abercrombie & Fitch (NYSE:ANF) revealed earnings and sales that topped Wall Street's views as the teen retailer benefited from higher demand due to discounts. The shares are rallying 6%.

Tesla (NASDAQ:TSLA)

Tesla (NASDAQ:TSLA) shares raced higher for the second day, following a call by Morgan Stanley that the electric car company has the potential to disrupt other markets beyond the auto industry. 

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http://www.foxbusiness.com/markets/2014/02/26/dreamworks-results-spark-turbo-selloff-and-other-stocks2watch/