Stocks making the biggest moves midday: Amazon, Apple, Block, Tupperware and more

— Shares of the cybersecurity stock plummeted 23% following a mixed second-quarter report and outlook. Fortinet posted 38 cents in adjusted earnings per share, while analysts polled by Refinitiv expected 34 cents per share. The company also reported $1.29 billion in revenue, slightly under the consensus forecast on $1.3 billion. Guidance for the current quarter was similarly mixed.

— The real-estate tech stock tumbled 19% after telling investors to expect revenue to come in lower than analysts expect in the current quarter. Opendoor said to expect between $950 million and $1 billion, while analysts surveyed by FactSet estimated $1.36 billion.— The sports-betting stock climbed 4% on a strong quarterly report. DraftKings reported a loss of 17 cents per share, less than the 25 cents forecasted by analysts surveyed by Refinitiv.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Apple, Amazon, Airbnb, Coinbase and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market news: US stocks fall ahead of Apple, Amazon earningsUS stocks fall as bond yields jump and investors await Apple, Amazon earnings
Source: BusinessInsider - 🏆 729. / 51 Read more »

Stocks making the biggest moves premarket: Block, Tupperware, Nikola and moreTupperware's stock popped 56% before the bell Friday on news that the container maker finalized a debt restructuring deal.
Source: CNBC - 🏆 12. / 72 Read more »

Datadog, Snowflake stocks rise after Amazon’s upbeat AWS commentarySoftware stocks including Datadog Inc. and Snowflake Inc. got a lift in Thursday’s after-hours action after Amazon.com Inc. gave upbeat commentary about its...
Source: MarketWatch - 🏆 3. / 97 Read more »

Cramer talks consumer behavior, breaks down Apple and Amazon earningsCNBC's Jim Cramer examined consumer behavior before and after the pandemic, grappling with this tricky topic in the wake of Apple and Amazon's earnings.
Source: CNBC - 🏆 12. / 72 Read more »