Stocks making the biggest moves midday: Snap, Intel, Moderna, Digital World Acquisition Corp and more

— Shares of the apparel company dropped 2.1% in midday trading after missing on the top and bottom lines of its quarterly results. VF Corp. reported earnings of $1.11 per share on revenue of $3.2 billion. Wall Street expected earnings of $1.15 per share on revenue of $3.5 billion, according to Refinitiv.

— Seagate shares gained 5.2% after the data storage company topped earnings estimates. The company reported earnings of $2.35 per share, 13 cents higher than expected, according to Refinitiv. Seagate also beat revenue estimates and issued strong revenue and earnings-per-share guidance for its current quarter.

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Facebook and other internet stocks under pressure after Snap gloomInternet stocks were under pressure in premarket trading on Friday, dragged lower by Snap undefined, after the owner of social media app Snapchat said...
منبع: MarketWatch - 🏆 3. / 97 ادامه مطلب »

Snap Shares Slide as It Blames Apple’s Privacy Changes for Hurting Its Ad BusinessSnap said revenue rose 57% in the latest quarter, but it expects growth to slow due to Apple's privacy changes. Shares were down 27% in after-hours trading.
منبع: WSJ - 🏆 98. / 63 ادامه مطلب »