Browsing: Sliding

Shares of global media and entertainment company iHeartMedia (NASDAQ:IHRT) fell 24.4% in the afternoon session after the company reported mixed second-quarter results, missing earnings expectations while narrowly beating on revenue. The company posted a GAAP loss of $0.52 per share, which was significantly worse than the consensus estimate of a $0.33 loss. While revenue for…

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure

Shares of memory chips maker Micron (NASDAQ:MU) fell 4.6% in the afternoon session after investors took profits following the chip sector’s strong rally in the first half of the year as Middle East tensions escalated.