Target Hits the Mark, but This Once-Healthy Stock Is Plunging Tuesday
Stock investors have had to wrestle with an increasingly complex combination of factors affecting markets, as the fallout from measures taken against Russia following its invasion of Ukraine continues to ripple around the world. Bond markets surged, taking Treasury yields sharply lower as investors sought safer investments. As of 8 a.m. ET, futures on the Dow Jones Industrial Average (DJINDICES: ^DJI) were down 254 points to 33,586. S&P 500 (SNPINDEX: ^GSPC) futures had dropped 34 points to 4,334, while Nasdaq Composite (NASDAQINDEX: ^IXIC) futures had sunk 120 points to 14,109.
One bright spot on a gloomy market day was Target (NYSE: TGT), which announced quarterly results that affirmed the ongoing strength of the U.S. consumer economy. However, GoodRx Holdings (NASDAQ: GDRX) wasn't as fortunate, as its latest financial report prompted shareholders to sell off the drug discount provider's stock. Below, you'll learn more about both companies and their latest news.
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Source Fool.com
