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Stocks making big moves this week: AMD, Tesla, Amentum, Sprout Social, and 8x8

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Check out the companies making headlines this week:

AMD (NASDAQ: AMD): Computer processor maker AMD (NASDAQ: AMD) fell by 6.7% on Wednesday after its second-quarter earnings report showed that a large inventory charge related to U.S. export controls on its data center chips overshadowed record revenue. See our full article here.

Is now the time to buy AMD? Access our full analysis report here, it’s free.

Tesla (NASDAQ: TSLA): Electric vehicle pioneer Tesla (NASDAQ: TSLA) rose by 3.1% on Monday after its board of directors approved a new multi-billion dollar compensation package for CEO Elon Musk. See our full article here.

Is now the time to buy Tesla? Access our full analysis report here, it’s free.

Amentum (NYSE: AMTM): Government engineering solutions provider Amentum Holdings (NYSE: AMTM) fell by 3.3% on Wednesday after the company reported third-quarter financial results that included a significant miss on GAAP earnings per share, even as revenue surpassed expectations. See our full article here.

Is now the time to buy Amentum? Access our full analysis report here, it’s free.

Sprout Social (NASDAQ: SPT): Social media management software company Sprout (NASDAQ: SPT) fell by 8% on Thursday after analyst firm Oppenheimer slashed its price target on the stock, fueling investor concerns despite a positive earnings report. See our full article here.

Is now the time to buy Sprout Social? Access our full analysis report here, it’s free.

8x8 (NASDAQ: EGHT): Business communications software company 8x8 (NYSE: EGHT) fell by 10.6% on Wednesday after the company reported fiscal first-quarter results that revealed declining profitability and provided a weak outlook for future quarters. See our full article here.

Is now the time to buy 8x8? Access our full analysis report here, it’s free.

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