Second quarter results for discount retailer five below were weaker than expected. Their guidance was lowered, and yet, shares are up six % this morning. In some ways, thisthis seems like the opposite of what's happening with da although not to the same degree in terms of the stock movement.
When it comes to the stock market, the 1st day of September is looking an awful lot like the entire month of August. (0:25) Jason Moser discusses: - Okta shares falling 30% as the company deals with ongoing challenges integrating its acquisition of former rival Auth0 - Snap's restructuring plans, layoffs, and increased focus on revenue growth, user growth, and augmented reality - Five Below's stock getting a boost from optimism for the discount retailer's plans for the holidays Host: Chris Hill Guest: Jason Moser Engineer: Rick Engdahl
Learn more about your ad choices. Visit megaphone.fm/adchoices