Stocks to Watch: Microsoft, Canadian National Railway, Stride, Precigen
25 Janvier 2023 - 01:11AM
Dow Jones News
By Kathryn Hardison
Microsoft Corp. on Tuesday reported its slowest sales growth in
more than six years as demand for its software and cloud services
cooled on economic concerns in the recent quarter. Shares declined
1% in after-hours trading.
Canadian National Railway Co. said it expects its 2023 per-share
earnings growth to be in the low single-digit range due to a softer
economic outlook. Shares fell 3.7% in after-hours trading.
Stride Inc. reported revenue growth in the latest quarter,
driven by strength in enrollment, increases in revenue per
enrollment and growth in adult learning. It also raised its revenue
outlook for fiscal 2023. Shares climbed 16% in after-hours
trading.
Precigen Inc. said it has commenced an underwritten public
offering for about $75 million of its common stock. Shares declined
15% in after-hours trading.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
January 24, 2023 18:56 ET (23:56 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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