Check out the companies making the biggest moves midday. Coinbase Global — Shares surged nearly 16% after the cryptocurrency exchange reported its first profit in two years. Coinbase's fourth-quarter earnings came in at $1.04 per share, above the 1 cent loss expected from analysts polled by LSEG, formerly known...
Check out the companies making headlines in premarket trading. Dropbox — Shares of the cloud storage company pulled back nearly 13% after the company issued lower-than-expected first-quarter revenue guidance. Dropbox now forecasts revenue in the range of $627 million to $630 million, while analysts surveyed by FactSet expected $632.5...
Check out the companies making headlines in after-hours trading. DoorDash – Shares dropped nearly 8% after the food delivery reported mixed fourth-quarter results. Although revenue rose 27% to $2.3 billion, outpacing LSEG estimates, the loss of 39 cents per share was wider than expected. DoorDash, which has seen its...
Check out the companies making headlines in midday trading. Cisco Systems — The tech company's shares dropped 4.4% after it posted declining fiscal second-quarter revenue. Cisco also issued a lighter-than-expected forecast for the third quarter and announced a downsizing plan that would lead to a 5% reduction in jobs...
Check out the companies making headlines in premarket trading. Twilio -- Shares dropped nearly 11% after the consumer engagement company issued lower-than-expected revenue guidance for the current quarter. Twilio also reporter total active consumers for the fourth-quarter that were below Wall Street estimates. Cisco — Shares dropped 4.4% after...
Check out the companies making headlines in midday trading.Uber — Uber's shares jumped 11%, climbing to a new 52-week high, after the ride-hailing company announced an inaugural $7 billion share repurchase authorization program. Uber also said it expects gross bookings growth to be in the mid to high-teens over...
Check out the companies making headlines before the bell: Lyft — Shares surged 21% after the ride-hailing company posted stronger-than-expected fourth-quarter results and issued better-than-expected guidance. In its most recent quarter, Lyft posted adjusted earnings of 18 cents per share, more than the LSEG consensus estimate of 8 cents...
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. JetBlue Airways — Shares of JetBlue Airways popped more than 15% after activist investor Carl Icahn revealed a 10% stake in the airline, viewing the company as undervalued. Arista Networks — The computer networking stock dropped more than 7% even...