Here is Why These Four Stocks are Deep in Green Territory Today

Ralph Lauren Corp (NYSE:RL)‘s stock has jumped by over 16% as the company reported adjusted earnings of $2.13 per share, above analyst estimates of $1.73, on revenue of $1.97 billion, down by 1.3% on the year, but still beating the expectations of $1.93 billion. The company also projected revenue growth of between 0%-and-2%, compared to analyst estimates of a growth of under 1%. In September, it was announced that Ralph Lauren would step down as the CEO of his namesake company, with Stefan Larsson replacing him in the position. Meanwhile, just 28 funds reported stakes in Ralph Lauren Corp (NYSE:RL) as of the end of June, down by seven on the quarter, with the aggregate value of their positions being equal to 7.70% of the company’s shares.

Gogo Inc (NASDAQ:GOGO) is up by nearly 14% on the back of a 21.5% annual growth in revenue to $126.40 million, which was above the $123.70 million projected by analysts. The company’s net loss widened to $0.37 per share in the third quarter, from $0.29 a year earlier, but was still better than the $0.41 loss expected by the Street. With today’s gains, Gogo Inc (NASDAQ:GOGO)’s shares are in the green year-to-date, but investors from our database are cautious as only 16 held shares at the end of June, owning 9.40% of the company in aggregate. However, Mario Gabelli’s GAMCO Investors added 94,900 shares to its stake in Gogo Inc (NASDAQ:GOGO) during the third quarter, taking it to 623,822 shares.

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