Roku gains after announcing job cuts, Zscaler slips and other stocks on the move

Roku Inc.’s stock ROKU, +8.17% rose 7% after the streaming-media company announced plans to lay off 10% of its staff as it looks to slow the growth of its operating expenses.

Hycroft Mining Holding Corp.’s stock HYMC, +9.49% rallied 10% after the company said a study has confirmed significant gold and silver recoveries at its Nevada mine. The company is part owned by AMC Entertainment Holdings Inc. AMC, -21.83% Palisade Bio Inc.’s stock PALI, +145.03% more than doubled in price, after the company announced a licensing agreement with privately held Giiant Pharma Inc. that will give it access to IBD therapies.AMC was down 21% after it disclosed an equity-distribution agreement in which the company could sell up to 40 million common shares. The sales could represent up to 7.7% of the 519.2 million common shares outstanding as of Aug. 4.

Southwest Airlines Co.’s stock LUV, -2.01% fell 1.8% after the air carrier said it booked record revenue for the Labor Day weekend, but said close-in leisure bookings in August were on the lower-end of expectations.

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.

Zscaler stock slips after earnings call, Gitlab shares rise and other stocks on the moveZscaler, Gitlab and Verb Technology are among the active stocks.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves after hours: GitLab, Zscaler, AeroVironment and moreThese are the stocks posting the largest moves in extended trading.
Source: NBCLA - 🏆 319. / 59 Read more »

Stocks making the biggest moves premarket: Enbridge, Roku, Gitlab and moreThese are the companies making headlines in premarket trading on Wednesday.
Source: nbcchicago - 🏆 545. / 51 Read more »

Zscaler’s stock surges 5% after beat-and-raise earningsZscaler Inc.'s shares rallied Tuesday after the cybersecurity company's quarter and outlook topped Wall Street expectations.
Source: MarketWatch - 🏆 3. / 97 Read more »

Zscaler stock falls as execs focus on 'challenging' environment after beat-and-raise earningsZscaler Inc.'s shares swung to a loss Tuesday after hours following an initial surge after the cybersecurity company's strong quarter and outlook.
Source: MarketWatch - 🏆 3. / 97 Read more »