Stocks making the biggest moves midday: Tesla, Roku, Apple, SoFi, Domino's and more

Check out the companies making headlines in midday trading. SoFi Technologies — The consumer fintech company's stock price plunged about 10% on disappointing second-quarter earnings guidance. SoFi forecast adjusted revenue between $555 million and $565 million and net income of $5 million to $10 million, while analysts polled by FactSet had called for $580.8 million in revenue and net income of $13.9 million. SoFi's earnings for the first quarter topped analysts' estimates, however.

Analyst David Joyce said that investors have oversold the stock based on fears of streaming competition, and that Roku's risk/reward looks attractive as the company should grow its advertising numbers this year. Apple — Shares rose more than 3% after Bernstein upgraded the tech stock to outperform from market perform. Analyst Toni Sacconaghi said concern about recent weakness in China may be overdone and that it could be time for investors to "buy the fear.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks making the biggest moves premarket: Tesla, Paramount, Domino's, Southwest Airlines and moreThese are the stocks posting the largest moves in early morning trading.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stocks making the biggest moves midday: Tesla, Hilton, Boeing, Mattel and moreThese are the stocks posting the largest moves in midday trading.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stocks making the biggest moves premarket: Boeing, Tesla, Visa, Airbnb and moreThese are the stocks posting the largest moves in premarket trading.
La source: CNBC - 🏆 12. / 72 Lire la suite »