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Market-Moving News for May 17th

Benzinga ·  May 17 20:34

GME: -25% | GameStop Corporation Reveals Q1 Preliminary Results: Expects Q1 Net Sales Of $0.872B-$0.892B Vs. $1.05B Estimate (Prior Year: $1.237B); Sees Net Loss Of $27M-$37M (Prior Year: $50.5M)

HOOD: 6.84% | B of A Securities Upgrades Robinhood Markets to Buy, Raises Price Target to $24

DOCS: 21% | Doximity shares are trading higher following better-than-expected Q4 financial results and issued Q1 2025 revenue guidance above estimates. Also, Evercore ISI Group maintained an In-Line rating and raised its price target from $28 to $29.

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