Stocks Facing Downward Pressure on August 8th

2 min read | August 08, 2024 12:00 AM PDT | By Team Kalkine Media

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Horizon Technology Finance (HRZN), a company specializing in secured loans for tech and cleantech sectors, has seen its earnings forecast cut by 16.9% recently.
Carter’s (CRI), a leading North American marketer of branded children's apparel, has experienced a 14.6% downward revision in its earnings projection.
Airbus Group (EADSY), known for its aircraft and military equipment, has had its earnings estimate reduced by 12.0% in the past two months.

Horizon Technology Finance (NASDAQ:HRZN) operates as a closed-end investment company, focusing on secured loans for early-stage firms in technology, life sciences, healthcare information, services, and cleantech industries. Recent adjustments have led to a 16.9% decrease in the forecast for its earnings for the current year.

Carter's (CRI) stands as a major player in the North American market for branded apparel aimed at babies and young children. Its earnings outlook for the current year has been reduced by approximately 14.6% following recent adjustments.

Airbus Group (OTC:EADSY), a prominent manufacturer of airplanes and military equipment, has seen its earnings projections for this year cut by 12.0% over the last two months.

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