Here are some of the companies making the biggest moves in midday trading: Datadog — The cloud stock soared nearly 30% after the company reported a third-quarter earnings and revenue beat before the bell. Adjusted earnings per share came in at 45 cents, versus the 34 cents expected from analysts polled by StreetAccount. Revenue was $547.5 million, topping the $524.7 million expected.
Biomarin Pharmaceutica l — Shares added 12% after Reuters reported activist investor Elliott Investment Management built a stake in the pharmaceutical company, citing two people familiar with the matter. The hedge fund has been talking with Biomarin Pharmaceutical "for months" about its future, Reuters said. Sanmina — Shares slipped nearly 14% after the electronics manufacturer missed on earnings and revenue and offered weak guidance.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »