Is Chewy The Next GameStop?

Stock Market 10: June 27th, 2024

Author

Decade Investor
June 27, 2024

The Stock Market 10: June 27, 2024

10 things that happened in the stock market today…

1. Chewy Stock Spikes Mid Day After Roaring Kitty Posts Image Of A Dog On X

2. Walgreens (WBA) Stock Falls ~25% Today On News Of Lowering Profit Guidance Amid “Challenging” Consumer Environment

Walgreens Stock Sinks To 27-Year Lows Amid Weak Consumer Demand

Walgreens Boots Alliance shares tumbled Thursday as the pharmacy chain reported profit that fell short of estimates and cut its outlook because of what it called a "difficult operating environment."

3. Major Indices Performance Today

4. Fear & Greed Index Today

5. VanEck Applies For Solana ETF

Breaking: Solana ETF Proposal Filed by VanEck

Price of Solana surged by more than 7% on the news

6. 55 Year Old Americans Have A Median Retirement Savings Of Less Than $50,000

With just a few years until retirement, 55-year-olds haven't saved nearly enough, study finds

For Gen Xers, retirement isn’t far off, and millions of them haven't saved enough.

7. Hims Questioned About Weight Loss Drug By Hunterbrook Media, Stock Down 7%, (Hunterbrook Capital Is Short $HIMS)

8. S&P 500 Performing Best In An Election Year Since 1976

9. Nike (NKE) Reports Earnings

10. COMING TOMORROW: PCE Inflation Data Out At 8:30AM EST, June 28th

Economists expect the overall PCE Price Index to rise 2.6% on an annual basis in May, according to FactSet’s consensus estimates.

With inflation news again looking better, expectations center on a Fed rate cut in September.

That’s it for today! See you tomorrow at 6pm EST (unless it is Friday, then see you on Monday at 6pm EST)!

What did you think of today's edition of the Stock Market 10?

Login or Subscribe to participate in polls.