On Holdings Tumbles, Hims & Hers Drops, Venture Global Falls | Stock Movers
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On this episode of Stock Movers: - On Holdings (ONON) shares tumbled as much as 18% after the Swiss sneaker maker’s efforts to protect margin by maintaining full-price selling in a highly promotional environment hurt sales performance in the quarter. Management cut its annual topline outlook. - Hims & Hers (HIMS) shares fall ahead of earnings. Hims & Hers Health Inc. plans to sell peptides, including sermorelin and glutathione, before the end of the year. The company is also awaiting a decision from the US Food and Drug Administration on whether to loosen restrictions on seven different compounds. - Venture Global (VG) shares fell as much as 9.4% after the liquefied natural gas company reported second-quarter adjusted Ebitda that missed the average analyst estimate. Analyst Elvira Scotto notes that 2Q Ebitda missed on unsold cargoes. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg journalists discuss today's biggest winners and lose
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