Stock movers: Apple, Block, DraftKings, Paramount, Live Nation, Fortinet

Shares of Block Inc. SQ, +7.37% soared 18% after the Jack Dorsey-backed parent of fintech company Square set its sights on 2024 adjusted EBITDA of $2.4 billion, far outpacing analyst expectations around $1.94 billion.

Paramount Global’s stock PARA, +10.37% rose 3% after the film, entertainment and streaming giant reported third-quarter earnings and revenue that beat expectations and highlighted strong viewership for the NFL on CBS and gains in sales at movie theaters. Bill Holdings Inc. shares BILL, +1.37% plunged 33% after the financial software company cut its full-year sales guidance and said inflation and consumer uncertainty pose a bigger threat to its small-business customers.

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