Teladoc Health shares fell in after-hours trading Wednesday, after the telemedicine provider reported a wider-than-expected fourth-quarter loss. The Purchase, N.Y., company's shares at last check traded at $238.61, down 6.3%. They had more than doubled (up 124%) in the year through Wednesday's close.
Shares of SolarWinds Corp. rallied 2.9% in premarket trading Thursday, after the network-management software company, which was a victim by a massive hacking campaign in December, reported fourth-quarter profit and revenue that rose above expectations, but provided a downbeat first-quarter outlook.
Shares of Plug Power Inc. dropped 2.3% in premarket trading Thursday, after the hydrogen fuel cell company reported a much wider-than-expected fourth-quarter loss and surprisingly negative revenue, but gross billings that beat forecasts. The net loss widened to $476.2 million, or $1.12 a share, from $18.3 million, or 7 cents a share.
SeaWorld Entertainment Inc. reported Thursday a fifth straight quarterly loss, but beat bottom-line expectations for the first time in six quarters, as revenue, attendance and guest spending all beat forecasts. Thje stock was still inactive in premarket trading.
(Reuters) - Nvidia Corp forecast better-than-expected fiscal first-quarter revenue on Wednesday, expecting strong demand for its graphics chips used in gaming PCs and artificial intelligence chips for data centers. As people wait for COVID-19 vaccine rollouts around the world, stay-at-home orders have helped sustain the demand for chips used in personal computers, gaming devices and data center infrastructure that enables remote working.
Wayfair Inc. stock sank 8.6% In Thursday premarket trading after the online home goods retailer reported fourth-quarter revenue that missed expectations. Wayfair reported net income of $23.8 million, or 23 cents per share, after a loss of $330.2 million, or $3.54 last year. Adjusted EPS of $1.24 beat the FactSet consensus for 86 cents.
Shares of Moderna Inc. gained 2.2% in premarket trading on Thursday after the company reported half a million dollars in sales of its COVID-19 vaccine in the fourth quarter of last year. The company had a loss of $272,000, or 69 cents per share, in the fourth quarter of 2020, compared with a loss of $123,000, or 37 cents per share, in the same quarter a year ago.
Shares of S&P Global Inc. advanced 2.03% to $331.79 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.14% to 3,925.43 and the Dow Jones Industrial Average rising 1.35% to 31,961.86. The stock's rise snapped a two-day losing streak.
J.M. Smucker Co. shares rose 1.9% in premarket trade Thursday, after the parent of brands including Folgers coffee, Café Bustelo and Milk-Bone dog biscuits posted stronger-than-expected earnings for its fiscal third quarter. The company had net income of $261.5 million, or $2.32 a share, in the quarter to Dec.
Late-night hosts Jimmy Kimmel, Stephen Colbert and James Corden joke about the new USPS truck design and its new features.
FactSet Research Systems Inc. (FDS) will begin trading ex-dividend on February 25, 2021. A cash dividend payment of $0.77 per share is scheduled to be paid on March 18, 2021. Shareholders who purchased FDS prior to the ex-dividend date are eligible for the cash dividend payment.
Square - Shares of the financial services company slipped 4.1% amid news news that Square purchased $170 million in Bitcoin. Square also reported quarterly results that beat analyst expectations. The company earned 32 cents per share on revenue of $3.16 billion. Analysts polled by Refinitiv had forecast a profit of 24 cents per share on revenue of $3.09 billion.
Upwork shares were higher on Wednesday after the online staffing platform reported better-than-expected fourth-quarter earnings and several analysts raised their price targets. Shares of the Santa Clara, Calif., company at last check rose 7.8% to $55.60 Upwork swung to earnings of $900,000, or 1 cent a share, from a loss of $5.5 million, or 5 cents a share, in the year-earlier quarter.
Bausch Health Companies Inc. reported Wednesday a narrower fourth-quarter net loss and revenue that declined from a year ago but topped expectations, as the COVID-19 pandemic led to "unprecedented challenges," but provided an upbeat full-year revenue outlook. The net loss was $153 million, or 43 cents a share, after a loss of $1.52 billion, or $4.30 a share, in the year-ago period.
Spotify Technology shares are falling amid a broader t ech-led selloff, but an analyst at Bank of America Global Research sees room for the stock, which is hotly debated by analysts, to rise by roughly 29% from current levels. The company (ticker: SPOT) hosted a virtual investor event on Monday.
DoorDash Inc. rode its pandemic-powered gains to one of the biggest IPOs of 2020, but investors will now want to see signs it can sustain that momentum. DoorDash is scheduled to report financial results for the first time as a public company Thursday afternoon.
Surging interest in bitcoin and equities trading among Cash App customers helped Square Inc. more than double revenue for its latest quarter, while the company doubled down on its own interest in bitcoin by announcing a new $170 million purchase of the cryptocurrency. Square shares were off 4.9% in after-hours trading Tuesday.
Casper Sleep Inc. stock jumped 4.6% after the mattress company reported fourth-quarter revenue that beat expectations and narrower-than-expected losses. Net loss totaled $15.0 million, or 37 cents per share, after a loss of $25.6 million, or $2.41 per share, last year. Revenue totaled $150.3 million, up from $126.9 million last year.
Shares of Lowe's Companies rose 0.7% in premarket trading Wednesday, after the home improvement retailer reported fiscal fourth-quarter profit and sales that beat expectations, and said it planned to buy back $9 billion worth of its stock this year. Net income for the quarter Jan.
Shares of S&P Global Inc. slipped 2.21% to $325.18 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.13% to 3,881.37 and the Dow Jones Industrial Average rising 0.05% to 31,537.35. This was the stock's second consecutive day of losses.