{"id":2433,"date":"2023-10-17T16:55:38","date_gmt":"2023-10-17T16:55:38","guid":{"rendered":"https:\/\/infundpros.com\/markets\/ericsson-shares-drop-on-profit-warning-as-netscout-stock-slides-on-outlook-cut\/"},"modified":"2023-10-17T16:55:39","modified_gmt":"2023-10-17T16:55:39","slug":"ericsson-shares-drop-on-profit-warning-as-netscout-stock-slides-on-outlook-cut","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=2433","title":{"rendered":"Ericsson shares drop on profit warning as NetScout stock slides on outlook cut"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002622215\" role=\"document\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\"><\/div>\n<\/p><\/div>\n<div data-layout=\"\n                inline\" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetArticleReader\n              \n              inline\n  article__inset\n          article__inset--type-InsetArticleReader\n              article__inset--inline\n  \"><\/p>\n<p>          <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<div class=\"media-object-article-reader\"><\/div>\n<\/p><\/div>\n<p>Here are some of the biggest moving shares ahead of Tuesday\u2019s market open:<\/p>\n<p><strong>Stock gainers:<\/strong><\/p>\n<p><strong>Tempest Therapeutics<\/strong><br \/>\n        TPST,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205285885\/composite\" class=\"positive\">+4.30%<\/bg-quote><span>,<\/span><br \/>\n       whose stock has gained 2710% over the last five days, saw its stock rise by 8% in premarket trade.<\/p>\n<div class=\"paywall\">\n<p><strong>Stock decliners:<\/strong><\/p>\n<p><strong>Ericsson <\/strong>stock<br \/>\n        ERIC,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208932705\/composite\" class=\"negative\">-2.63%<\/bg-quote><br \/>\n       fell 6% as the Swedish telecom equipment maker withdrew its 2024 margin guidance. Rival <strong>Nokia <\/strong><br \/>\n        NOK,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207421390\/composite\" class=\"negative\">-2.36%<\/bg-quote><br \/>\n       saw its shares fall 4%.<\/p>\n<p>Shares of <strong>ServisFirst Bancshares Inc.\u00a0<\/strong><br \/>\n        SFBS,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202359054\/composite\" class=\"negative\">-2.74%<\/bg-quote><br \/>\n       fell 8% in after-hours trade after the bank reported third-quarter net interest income that came in below Wall Street\u2019s expectations.<\/p>\n<p><strong>NetScout Systems Inc. <\/strong>shares<br \/>\n        NTCT,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/201011529\/composite\" class=\"negative\">-15.73%<\/bg-quote><br \/>\n       dropped 22% after the cybersecurity company cut its outlook for the year. <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/ericsson-shares-drop-on-profit-warning-as-netscout-stock-slides-on-outlook-cut-c3804ae?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are some of the biggest moving shares ahead of Tuesday\u2019s market open: Stock gainers: Tempest Therapeutics TPST, +4.30%, whose stock has&#8230;<\/p>\n","protected":false},"author":1,"featured_media":2434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":{"0":"post-2433","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ericsson shares drop on profit warning as NetScout 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