Levi Strauss is a company that makes clothes like jeans and jackets. The people in charge of the company said they are making a little less money than expected. Because of this, the price of the company's stock went down a lot. When the price of a company's stock goes down, the people who own that stock lose money.
People like to buy stocks when the price goes down because they think they can buy it cheap and then sell it later when the price goes back up. But sometimes the price keeps going down, and they lose even more money. That's what happened with Levi Strauss today.
There are also other companies that are doing either really well or really poorly. These companies are all fighting for attention from people who want to buy and sell stocks.
This is what's happening with the stock market today.
### Algebra:
Stock prices are influenced by supply and demand, just like the prices of most things. If a lot of people want to buy a stock, the price will go up. If a lot of people want to sell a stock, the price will go down.
Today, the price of Levi Strauss's stock went down a lot because the company's leaders said they are making a little less money than expected. This made some people think that the stock isn't as valuable as it used to be, so they want to sell it.
At the same time, there are other companies that are doing either really well or really poorly. These companies are all competing for attention from people who want to buy and sell stocks.
This is what's happening with the stock market today.
### Entrepreneurial Finance:
Investors are always looking for opportunities to buy stocks that they think will go up in value. Today, the stock price of Levi Strauss went down a lot because the company's leaders said they are making a little less money than expected.
This could be a sign that the company is in trouble, or it could just be a temporary setback. Some investors might see this as an opportunity to buy Levi Strauss stock at a lower price, hoping that the stock will go back up in the future.
But there are also other companies that are doing either really well or really poorly. These companies are all competing for attention from people who want to buy and sell stocks.
This is what's happening with the stock market today.
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Prior to its recent decline, the stock was still heavily overvalued, implying a significant amount of risk for those who purchased shares during the recent mania.
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Title: Why Levi Strauss Shares Are Trading Lower By Over 10%; Here Are 20 Stocks Moving Premarket
Article body: "Shares of Levi Strauss & Co. LEVI fell sharply in today's pre-market trading following third-quarter results."
"Levi Strauss posted better-than-expected earnings for its third quarter, while sales missed estimates. The company said it sees fiscal year 2024 adjusted earnings at a mid-point of between $1.17 and $1.27 per share, versus the $1.25 estimate."
"Levi Strauss shares dipped 10.6% to $18.80 in the pre-market trading session."
"Here are some other stocks moving in pre-market trading."
"Gainers"
"Conduit Pharmaceuticals Inc. CDT shares rose 47.3% to $0.1399 in pre-market trading after dipping around 10% on Wednesday."
"MicroAlgo Inc. MLGO rose 42% to $0.4399 in pre-market trading after gaining 22% on Wednesday."
"Wheeler Real Estate Investment Trust, Inc. WHLR gained 30.4% to $17.46 in pre-market trading after jumping around 99% on Wednesday."
"Mynaric AG MYNA shares rose 11.2% to $1.49 in pre-market trading. Mynaric secured $5.5 million bridge loan and receipt of $5.5 million manufacturing readiness milestone payment to meet immediate working capital needs."
"AMTD Digital Inc. HKD rose 10% to $4.30 in pre-market trading after surging 22% on Wednesday."
"Flux Power Holdings, Inc. FLUX gained 8.8% to $3.20 in pre-market trading."
"AirNet Technology Inc. ANTX shares gained 7.9% to $0.4056 in pre-market trading after surging 17% on Wednesday."
"Graphex Group Limited GRFX shares surged 7.8% to $0.2297 in pre-market trading after dipping around 20% on Wednesday."
"VCI Global Limited VCIG shares jumped 7.7% to $0.1418 in pre-market trading after dipping around 18% on Wednesday. VCI Global recently secured new investment commitment of $30 million from Alumni Capital."
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