Birkenstock Holding PLC (BIRK) News & EventsBIRKNews & EventsBirkenstock Holding PLC

Comments from Q2 Earnings Conference Call

Comments taken from Q2 earnings conference call.

S&P 500 Rises as Oil Prices Fall

The major averages closed broadly higher as oil prices fell and investors digested softer-than-feared inflation data and another slate of corporate earnings reports.   Communication services was the best-performing sector in the benchmark index, bolstered by 5% gains out of Netflixas well as strong performance by Telecom Services names.  Basic Materials names underperformed however as metals prices continued their range-bound trading in spite of benign inflation data this week.The Fed outlook has become somewhat more favorable for equities following the inflation data and the weak July employment report. Meanwhile, oil prices were down as concerns over global demand and rising U.S. crude inventories offset continued geopolitical risks surrounding Iran and the Strait of Hormuz.In the opening hour of the evening session, S&P 500 e-Minis, Dow Industrials, and Nasdaq 100 futures are trading flat. In commodities, WTI crude oil is just above $81 a barrel.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Eton Pharmaceuticalsup 20.4%Heartflow.up 17.7%Nu Holdingsup 7.5%AudioEye, Inc.up 2.6%ALSO HIGHER -Redditup 11.1% on S&P 500 inclusionDOWN AFTER EARNINGS -Intellicheck, Inc.down 17.9%ARS Pharmaceuticalsdown 13.4%Globant S.A.down 12.7%Applied Materialsdown 4.9%HawkEye 360down 2.8%ALSO LOWER -Birkenstock Holding plcdown 4.4% after equity offering

Birkenstock Secondary Offering Price Range $39.35-$40.00

Birkenstock secondary offering; price range $39.35-$40.00