Stocks Making the Biggest Moves Midday: American Express, General Electric, IBM and More

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

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

— The credit card stock surged 8% after American Express beat estimates on the top and bottom lines for the fourth quarter. The payments company earned $2.18 per share on $12.15 billion in revenue. Analysts surveyed by Refinitiv were expecting $1.87 in earnings per share on $11.5 billion of revenue.

American Express also said it expected revenue growth of 18% to 20% in 2022.— Shares of Cathie Wood's flagship exchange-traded fund fell 5% in midday trading as growth names continued their downward spiral. Coinbase, one of the fund's largest holdings, fell 2.5%. Tesla dropped more than 2% and Unity Software lost 5.8%. Exact Sciences and Twilio fell 5.6% each.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in CA

Canada Canada Latest News, Canada Canada 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 Midday: Netflix, Kohl's, Wynn Resorts, General Motors and MoreThese are the stocks posting the largest moves in midday trading.
Source: NBCDFW - 🏆 288. / 63 Read more »