Freddie Mac, Fannie Mae Stocks Soar
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The passage of the Republicans' tax cut bill in the House and what happens next - with ramifications for multinational corporations, clean-energy companies like First Solar, and wireless carriers such as AT&T,
Deckers Outdoor (DECK) gave a lower-than-expected outlook for the current quarter, sending shares lower 13%. Ross Stores (ROSS) shares fell 11% afterhours following the
Fannie Mae and Freddie Mac have surged on Trump privatization hopes, but common shares may now be overvalued, especially Fannie Mae. Click here to read more.
Snowflake posts better-than-expected earnings and issues guidance ahead of analysts’ estimates, while clean-energy stocks such as Sunrun fall sharply after the House passes Donald Trump’s tax-and-spending bill.
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