Carl Quintanilla, Jim Cramer & David Faber discuss the volatile week on Wall Street. Retailers reporting results as investors continue to watch how the reopening of states is going. Shares of Lowe’s jumping after reporting strong results, same-store sales increasing for the first quarter. Target also out with earnings, saying a surge in digital sales fueled a big increase in same-store sales. Vaccine experts are questioning Moderna’s Covid-19 data saying it leaves some big questions. Plus, David Faber’s reporting on Forescout technologies accusing Advent of violating its merger agreement after the company put the acquisition on hold.
Squawk on the Street
Volatile Week on Wall Street, Treatment & Vaccine Uncertainty, Retailers Report
Carl Quintanilla, Jim Cramer & David Faber discuss the volatile week on Wall Street. Retailers reporting results as investors continue to watch how the reopening of states is going. Shares of Lowe’s jumping after reporting strong results, same-store sales increasing for the first quarter. Target also out with earnings, saying a surge in digital sales fueled a big increase in same-store sales. Vaccine experts are questioning Moderna’s Covid-19 data saying it leaves some big questions. Plus, David Faber’s reporting on Forescout technologies accusing Advent of violating its merger agreement after the company put the acquisition on hold.
- Broadcast on:
- 20 May 2020