Name: DKS Plummet After Earnings & MSFT/ATVI Restructure Deal
Uploaded: 2023-08-22T18:25:56.362-05:00
Duration: 4 min 13 s

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Dick's Sporting Goods (DKS) plummets after reporting earnings. Its adjusted EPS came in at $2.82 versus an estimated $3.75 and revenue came in at $3.22B versus an estimated $3.22B. DKS cut its FY2023 adjusted EPS guidance. Jenny Horne discusses this along with Microsoft (MSFT). MSFT is restructuring the Activision (ATVI) deal. MSFT will now "acquire a narrower set of rights." Tune in to find out more about the stock market today.

DKS Plummet After Earnings & MSFT/ATVI Restructure Deal

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