Stocks making the biggest moves midday: ChargePoint Holdings, Seagate Technology, C3.ai and more

— The stock dropped more than 4% after reporting second-quarter results that missed expectations. The entertainment and dining company earned 60 cents per share on $542 million of revenue. Analysts polled by LSEG had anticipated per-share earnings of 93 cents on revenue of $559 million.— C3.

ai shares tumbled 13% after the artificial intelligence software company guided for a wider-than-expected operating loss for the fiscal second quarter. C3.ai forecasted an operating loss in the range of $27 million to $40 million. Analysts polled by StreetAccount expected a loss of $20.5 million. Meanwhile, C3.ai reported an adjusted fiscal first-quarter loss of 9 cents per share on revenue of $72.4 million.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Airbnb, Tesla stocks rise, Manchester United, Softbank shares fall and other stocks on the moveAirbnb, Blackstone stocks rose after S&P 500 caretaker said it was adding them to the S&P 500 index.
Source: MarketWatch - 🏆 3. / 97 Read more »

Japanese stocks climb for eighth day as Hong Kong stocks hold steadyAsia-Pacific stocks increased Wednesday, Sept. 6, with the Japanese market showing an eighth day of increases and shares in Hong Kong declining for the...
Source: MarketWatch - 🏆 3. / 97 Read more »