Check out the companies making headlines in midday trading. Warner Bros. Discovery — Shares dropped 10% after the media conglomerate posted disappointing fourth-quarter results and failed to give 2024 free cash flow guidance. Warner Bros. Discovery reported a loss of 16 cents per share on revenue of $10.28 billion....
Check out the companies making headlines after the bell. Palo Alto Networks – Shares declined nearly 19% after the cybersecurity company's full-year guidance missed expectations. Palo Alto Networks said it predicts full-year revenue growth of 15% to 16%, down from earlier guidance of 18% to 19% growth. The company...
Check out the companies making headlines in extended trading. Robinhood Markets — Shares jumped 8% after the trading platform posted a surprise earnings and revenue beat. Robinhood reported 3 cents in earnings per share, versus analysts' expectations of a loss of 1 cent per share, according to LSEG, formerly...
Check out the companies making headlines in midday trading. WK Kellogg — The cereal company's shares surged 11% after posting a beat on both top and bottom lines in the fourth quarter. The recently spun-off company also raised its 2024 forecast. Shopify — The e-commerce company saw shares slide...
Check out the companies making headlines before the bell. Hershey — The chocolate maker fell 1% after Morgan Stanley downgraded shares to underweight from equal weight. The bank cited weak consumer demand and high cocoa inflation weighing upon margins. Rocket Lab — The stock rose around 1% after Citi...
Check out the companies making headlines after hours. Palantir Technologies — Shares jumped 17% after Palantir posted a revenue beat in the fourth quarter. Revenue came in at $608.4 million versus the $602.4 forecast by analysts, according to LSEG, formerly known as Refinitiv. The company posted adjusted earnings of...
Check out the companies making headlines in midday trading. Meta Platforms — The Facebook and Instagram parent soared 20% after reporting a threefold rise in fourth-quarter profit and declaring its first dividend, to be paid in late March. Revenue jumped 25% from a year earlier, the fastest rate of...
These are the stocks posting the largest moves in midday trading.
Check out the companies making headlines in postmarket trading. Microsoft — The tech giant slipped 1% after releasing its quarterly results. Microsoft posted earnings of $2.93 per share on $62.02 billion in revenue. Analysts surveyed by LSEG, formerly known as Refinitiv, had expected earnings of $2.78 per share and...
Check out the companies making headlines in midday trading. McGrath RentCorp — Shares jumped more than 9% after WillScot Mobile Mini, an equipment rental company, said it would buy McGrath RentCorp in a $3.8 billion cash-and-stock transaction. Dollar Tree — Shares of the discount retail chain popped 1% following...