Buckle up. These stocks could see big moves in reaction to earnings this week

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Investment Strategy News

Stock Markets,S&P 500 Index,Dow Jones Industrial Average

Several stocks are poised for big swings in share price after the release of their latest results, according to the options market.

As the busiest week for first quarter earnings results kicks off, several stocks on the docket to report this week may be poised for big swings. First-quarter earnings have so far been mostly on the positive side. As of last Friday, 74% of companies in the S & P 500 reported a positive earnings surprise while 58% beat revenue expectations, according to FactSet.

Pro screened for the stocks that could see significant post-earnings moves either up or down, based on investors' expectations in the options market. Here are the names that showed up: Snap has the highest expected implied move of 16.7% post-earnings, according to FactSet. The technology company has underperformed in 2024, sliding 35% so far.

 

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