Stocks making the biggest moves midday: Datadog, Re/Max, Planet Fitness, Tripadvisor and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

United States News News

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

These are the stocks posting the largest moves midday.

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.

 

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:

 /  🏆 12. in US

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 before the bell: Uber, Planet Fitness, Peloton and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Datadog’s stock rockets as earnings, forecast blow past estimatesEmily Bary is a MarketWatch news editor based in New York.
Source: MarketWatch - 🏆 3. / 97 Read more »

Snowflake, MongoDB shares rally sharply after Datadog earningsEmily Bary is a MarketWatch news editor based in New York.
Source: MarketWatch - 🏆 3. / 97 Read more »