Zoom Video stock climbs after earnings, Activision Blizzard advances on Microsoft pact and other stocks on the move

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Activision Blizzard, Fabrinet and Zoom Video Communications are among the stocks in focus.

Activision Blizzard shares ATVI, +0.28% rose 1% after Microsoft reached a deal with Ubisoft Entertainment to license the cloud streaming rights to Activision games, in an attempt to secure approval from the U.K. competition regulator. Microsoft stock MSFT, +1.71% also rose in premarket trade.

Fabrinet‘s stock FN, -0.91% rallied18% late Monday after the high-tech manufacturing services company forecast first-quarter results that were above Wall Street’s expectations, saying that new AI products and data-communications sales drove results for its fourth quarter. U.S.-listed shares of Teva Pharmaceutical Industries Ltd. TEVA, +0.52% rose 1% after the company said late Monday it had agreed to pay a $225 million fine to settle price-fixing charges.

Shares of Zoom Video ZM, +1.48% rose 4% after the videoconferencing giant on Monday reported a big jump in earnings and strong full-year guidance.Shares of Nordson Corp. NDSN, -0.41% dropped 5% after the maker of industrial adhesives and other products missed revenue expectations for its fiscal third quarter, mostly on weakness on its electronics business.

 

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:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market News Today: Dow Slips 150 Points; Tesla and Zoom Stocks in FocusLive updates on stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
Source: WSJ - 🏆 98. / 63 Read more »