Stocks making the biggest moves midday: Reddit, Super Micro Computer, Garmin, Snap and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 31 min. at publisher
  • 📊 Quality Score:
  • News: 113%
  • Publisher: 72%

Regwall-Marketmovers Nouvelles

Markets,Market Insider,Stock Markets

These are the stocks posting the largest moves in midday trading.

Check out the companies making headlines in midday trading. Reddit – Shares soared 41% after the social media company reported a blockbuster third-quarter report . Reddit reported earnings of 16 cents per share, while analysts surveyed by LSEG had expected a loss of 7 cents. The company's $348.4 million revenue also exceeded consensus estimates of $312.8 million. Reddit guided fourth-quarter revenue and adjusted earnings that beat the average analyst estimate.

Chipotle also missed expectations for same-store sales, seeing a 6% increase in the period compared to the 6.3% growth that analysts polled by StreetAccount were expecting. Alphabet – The search giant's stock gained more than 5% following the Google parent's stronger-than-expected third-quarter earnings . The company also saw strong cloud revenue growth for the period, notching nearly 35% gains from the prior-year period.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

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 midday: Norwegian Cruise Line, Reddit, Chewy, Boeing and moreThese are the stocks posting the largest moves in midday trading.
La source: CNBC - 🏆 12. / 72 Lire la suite »