Qualcomm and PayPal shares fall after earnings, and other movers

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

DoorDash Inc. shares were up 4% after the delivery app reported a slightly bigger second-quarter loss than expected but sales that beat estimates.

Upwork Inc.‘s UPWK stock rallied 18% after the platform for freelancers narrowed its quarterly loss, swinging to an adjusted profit, and reported revenue above Wall Street expectations.Upwork Inc.‘s UPWK stock rallied 18% after the platform for freelancers narrowed its quarterly loss, swinging to an adjusted profit, and reported revenue above Wall Street expectations.

Unity Software Inc. shares U rallied more than 5% after the app-monetization and game-engine company raised its annual forecast and posted a narrower-than-expected loss. Shares of EVgo Inc. EVGO jumped 15% after the company, which runs a network of electric-vehicle charging stations, gave a more upbeat full-year sales outlook and reported second-quarter results that were better than expected.

PayPal Holdings Inc. stock PYPL fell 8% after the payments company reported quarterly revenue slightly above Wall Street expectations but its credit business raised concerns.Lemonade Inc.’s LMND stock price soured, dropping more than 6% after the mobile-based insurance company cleared Wall Street expectations but succumbed having rallied more than 60% year to date.

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 US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States 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 after hours: PayPal, Robinhood, Qualcomm, Clorox, DoorDash and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »

DoorDash CEO talks earnings: We want to build the biggest business for the long runDoorDash CEO Tony Xu discussed his company's earnings with CNBC's Jim Cramer on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »