Gainers
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Sanmina Corp (NASDAQ: SANM) shares are
up 21 percent after reporting a first-quarter earnings beat. Earnings came in at 83 cents per share, beating estimates by 12
cents. Sales came in at $2.11 billion, beating estimates by $288 billion. The company issued strong second-quarter earnings and
sales guidance. Sanmina also reported that CFO David Anderson will retire and the company has begun search for a permanent
replacement.
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AK Steel Holding Corporation (NYSE: AKS)
shares are up 7 percent after reporting a fourth-quarter earnings beat. Earnings came in at 16 cents per share, beating
estimates by 5 cents. Sales came in at $1.677 billion, missing estimates by $23 million. The company issued weak FY19 earnings
guidance.
Losers
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Rambus Inc. (NASDAQ: RMBS) shares are
down 7 percent despite reporting a fourth-quarter earnings beat. Earnings came in at 28 cents per share, beating estimates by 2
cents. Sales came in at $102 million, beating estimates by $320,000.
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Whirlpool Corporation (NYSE: WHR) shares
are down 7 percent after reporting a fourth-quarter sales miss. Adjusted earnings came in at $4.75 per share, beating estimates
by 50 cents. Sales came in at $5.66 billion, missing estimates by $100 million. The company issued weak FY19 EPS and sales
guidance.
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