Investing.com -- Stocks are wobbling after Federal Reserve Chair Jerome Powell said the central bank's work to cool inflation is not yet completed. Here are the market movers for June 21.
- Dollar Tree Inc (NASDAQ:DLTR) shares are up 5% after the discount retailer reiterated its second-quarter guidance and kept its full-year outlook. It expects second-quarter earnings per share in the range of 79 cents to 89 cents.
- Amazon.com Inc (NASDAQ:AMZN) shares dipped 0.6% after the Federal Trade Commission sued it over its Prime subscription offering, saying it misled customers into signing up for it and made it difficult to cancel.
- FedEx Corporation (NYSE:FDX) shares fell 1.6% after the logistics giant beat expectations in the fourth quarter but said it sees sales growing flat to low single digits in fiscal 2024.
- Winnebago Industries Inc (NYSE:WGO) shares fell 3.2% after the recreational vehicle maker said third-quarter sales dropped 38% as discounts and lower demand drove results.
- La-Z-Boy Incorporated (NYSE:LZB) shares fell 0.2% after the furniture maker said it expects first-quarter sales of $470 million to $490M, which is below expectations.