Snap, Intel, Moderna, Digital World Acquisition Corp, etc.

Check out the companies that make headlines for trading at noon.

snap – Snap’s share price plummeted 26.6% after reporting quarterly results. This included revenue mistakes and revenue beats.Social media company Apple’s privacy changes said the advertising business has declined..

Facebook, twitter – – Social media and digital advertising stocks plummet Follow Snap’s insights into the impact of Apple’s privacy changes. Facebook’s share was down 5% and Twitter’s share was down 4.8%.

Intel – Intel shares Sales report weaker than expected.. Semiconductor companies have blamed the industry for chip shortages for lost revenue and warned that gross profit and free cash flow will decline in the next few years.

Modana — Biotechnology company stocks have since fallen 3.8% Deutsche Bank has begun reporting on Moderna in a sell valuation.. The company said potential innovations have already been priced in Moderna’s stock. “I agree that it can disrupt the dynamics of the broader field of viral infections (such as influenza), but all generously to assessments that appear to be decoupled from the assessment of the problematic reality. It looks like it’s reflected, “says German.

Digital World Acquisition Corporation. — SPAC shares, exposing former President Donald Trump’s planned social media platform, Roller coaster trading soars again.. Blankcheck companies trading under the Nasdaq ticker DWAC surged 216% at some point and closed at 107%. Stock prices surged more than 350% on Thursday due to explosive trading volumes and volatility.

Honeywell — Honeywell shares fell 3.2%% after the company cut its full-year earnings guidance. The company also reported lower-than-expected quarterly earnings for third-quarter analysts. However, revenue exceeded expectations.

American Express — American Express’s share price rose 5.4% after the company exceeded earnings expectations. The company reported a profit of $ 2.27 per share for a revenue of $ 10.93 billion. Analysts surveyed by Refinitiv expected a return of $ 1.80 per share for a return of $ 10.52 billion.

Urban Outfitters — Urban Outfitters’ share increased by 1.5% after Citi upgraded its apparel retailer from neutral to bi-rating. “Since the second quarter of URBN (reported in August), Citi’s -25% stake cannot ignore the more favorable risks / rewards,” Citi said.

VF Corporation — Apparel company stocks fell 4.5% after missing the top and bottom lines of quarterly results. VF Corp. reported a profit of $ 1.11 per share for a revenue of $ 3.2 billion. According to Refinitiv, Wall Street expected a return of $ 1.15 per share for a return of $ 3.5 billion.

Seagate — Seagate’s share price rose 6.1% after data storage companies exceeded earnings estimates. According to Refinitiv, the company reported revenue of $ 2.35 per share, 13 cents higher than expected. Seagate also outperformed its current quarterly earnings forecast and released strong earnings and earnings per share guidance.

Chipotle Mexican Grill — Chipotle stock The profit has won. According to Refinitiv, the fast casual chain crushed analysts’ expectations, with adjusted earnings per share of $ 7.02 per share, while expectations per share were $ 6.32. The rise in menu prices helped the company offset the rise in input costs.

Boston beer — Boston Beer’s share rose 1.6% after the brewery’s third-quarter sales report. According to StreetAccount, Boston Beer generated $ 561.6 million, ahead of consensus analysts’ estimate of $ 531.5 billion.

Whirlpool — Whirlpool shares rose 2.7% after consumer electronics makers exceeded Wall Street earnings per share expectations. The company reported revenue of $ 6.68 per share, 56 cents higher than Refinitiv’s consensus estimate.

Mattel — Mattel’s share price rose 0.6% after toy maker quarterly earnings reports exceeded analysts’ expectations. Mattel posted a profit of 84 cents per share with revenue of $ 1.76 billion, while analysts surveyed by Refinitive expected a profit of 72 cents per share with revenue of $ 1.69 billion.

— CNBC’s Tanaya Macchel, Maggie Fitzgerald and Yun Li contributed to the report

Snap, Intel, Moderna, Digital World Acquisition Corp, etc.

Source link Snap, Intel, Moderna, Digital World Acquisition Corp, etc.

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