Index Option Calls
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Index Option Calls
No Result
View All Result
Home Latest News

Stocks making the biggest moves midday: Mastercard, Unity Software, Wendy’s and more

by
November 10, 2021
in Latest News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Is Trendspider The Best Stock Research Website? A User’s Comprehensive Guide

Is Motley Fool Rule Breakers The Best Stock Research Website? The Truth

A woman walks past a Westpac bank advertisement in central Sydney, Australia.

Daniel Munoz | Reuters

Check out the companies making headlines in midday trading.

Poshmark — The online marketplace’s shares tumbled nearly 30% Wednesday after reporting quarterly results late Tuesday. Poshmark reported a loss of 9 cents per share, versus analyst estimates of 7 cents per share. Revenue also came in weaker than expected at $79.7 million, versus $82.7 million expected by Wall Street.

DoorDash — The food delivery company’s shares soared more than 14% on Wednesday after the company announced it would acquire Wolt for $8.1 billion. The company also reported a wider than expected third-quarter loss per share but beat on revenue estimates.

FuboTV — Shares of the streaming platform sank 19% after the company reported a loss late Tuesday of 59 cents per share and revenue of $156.7 million for the third quarter. It also increased its guidance for the fourth quarter.

Unity Software — The video game software development company saw shares jump 6% after beating third-quarter earnings and revenue expectations and raising its full-year guidance. Unity also announced it plans to buy “Lord of the Rings” visual effects maker Weta Digital for more than $1.6 billion in cash and stock.

Wendy’s — Shares of Wendy’s dropped 8% after the fast-food chain posted quarterly financial results. It recorded a slight earnings beat of 19 cents per share on revenue of $470.3 million, versus the expected 18 cents per share on revenue of $470.2 million, according to Refinitiv. However, it reported global same-restaurant sales growth of 3.3% in the quarter, compared to consensus expectations of 4.9%.

Palantir — Palantir shares dropped more than 5% after RBC downgraded the stock to underperform from sector perform and cut its price target on it to $19 per share from $25 per share. RBC in its call cited Palantir’s slowing revenue growth.

Coinbase — Shares of Coinbase fell 4.8% after the company reported quarterly revenue Tuesday of $1.31 billion, which missed analysts’ expectations. Monthly active transaction users were lower from the previous quarter, at 7.4 million, but up from the prior year. Transaction-based revenue was also lower from the previous quarter.

Tesla — Shares of Tesla rebounded more than 3%, snapping a down spell. The stock is about 13% lower this week after CEO Elon Musk in a Twitter poll over the weekend proposed selling 10% of his Tesla shares.

Mastercard — Mastercard shares rose 3.8% after the payments technology company disclosed new performance objectives for 2022-2024 at its Investor Day Wednesday showing faster earnings and revenue growth. It also announced the expansion of its buy-now-pay-later program.

Energy stocks — Energy stocks were among the top decliners in the S&P 500 as the American Petroleum Institute reported U.S. crude inventories rose by 1 million barrels in the most recent week, Reuters reported. Coterra Energy fell 4.7%. Occidental Petroleum, Hess, Diamondback Energy and Halliburton each fell more than 3%%.

— CNBC’s Hannah Miao and Maggie Fitzgerald contributed reporting

ShareTweetPin

Related Posts

Is Trendspider The Best Stock Research Website? A User’s Comprehensive Guide

by
October 4, 2023
0

Stock research websites offer a wealth of information. They provide crucial insights into market trends, stock performance, and potential investment...

Is Motley Fool Rule Breakers The Best Stock Research Website? The Truth

by
October 4, 2023
0

Finding quality stock research websites can take time and effort. With numerous platforms promising to offer unparalleled insights and guidance,...

Is Trade Ideas The Best Stock Research Website? Unraveling Its Potential

by
October 4, 2023
0

In today’s rapidly evolving financial landscape, stock research websites have become indispensable tools for investors. The modern stock market, characterized...

Is Seeking Alpha The Best Swing Trading Alerts Service? Beyond the Hype

by
October 4, 2023
0

Seeking Alpha is one of the most recognized platforms in the investment realm. Established as a repository for investment knowledge,...

Is Stock Rover the Best Stock Analysis Website?

by
October 4, 2023
0

Whether you’re a newcomer or have decades of experience in investing, this review on Stock Rover will help you steer...

Next Post

Housing: Inventory will Tell the Tale

EV start-up Rivian is valued above $90 billion after market debut, higher than GM or Ford

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • A Couple Stored IRA Gold at Home. They Owe the IRS More Than $300,000.

    0 shares
    Share 0 Tweet 0
  • A California Couple Spent Eight Years Building Their Dream Retirement Home in Costa Rica

    0 shares
    Share 0 Tweet 0
  • Goldman Sachs picks new stocks to buy — and says these 5 have over 100% upside

    0 shares
    Share 0 Tweet 0
  • Goldman Sachs says buy these stocks to play Web 3.0 and the metaverse

    0 shares
    Share 0 Tweet 0
  • In his final warning, this stock trading wizard — who made big money in bear markets and crashes — called this market a bubble like no other

    0 shares
    Share 0 Tweet 0
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.indexoptioncalls.com
No Result
View All Result
  • Home
  • Latest News
  • Email Whitelisting
  • Privacy Policy

All rights reserved by www.indexoptioncalls.com