Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Stock

Doximity and Toast rally premarket; Pinterest, Airbnb, DraftKings fall

admin by admin
November 8, 2024
in Stock
0
Doximity and Toast rally premarket; Pinterest, Airbnb, DraftKings fall
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

Investing.com — US stock futures are mixed on Friday as investors try to extend the post-election rally. Premarket, the larger moves have been dominated by investor reactions to the latest earnings releases.

Here are some of the biggest premarket US stock movers today:

Pinterest (NYSE:PINS) shares have tumbled around 13% after the social media firm reported its latest quarterly earnings, with earnings topping estimates but guidance coming in softer than expected.

Five9 (NASDAQ:FIVN)‘s stock surged 22.8% on the back of its earnings release, which saw the company beat consensus earnings and revenue expectations and provide better-than-expected full-year earnings and revenue guidance.

Airbnb has tumbled more than 7% after missing consensus estimates. Analysts pointed to a below-Street margin outlook for the fourth quarter as a point of concern.

Doximity’s premarket rise of over 38% was prompted by the company’s impressive quarterly results, with an earnings and revenue beat and guidance way above consensus expectations.

Despite reporting an earnings and revenue beat, DraftKings (NASDAQ:DKNG) is down over 5% after the gambling company cut its 2024 revenue guidance to between $4.85 billion and $4.95 billion, down from $5.05 billion to $5.25 billion due to “the impact of customer-friendly sport outcomes early in the fourth quarter.”

Upstart (NASDAQ:UPST) is another company making a strong move higher premarket, currently up more than 17% after its latest earnings release, which impressed investors. Its Q4 revenue guidance of $180 million also beat the consensus estimate of $162.3 million.

Toast (NYSE:TOST) missed earnings expectations, but its Q3 revenue topped estimates, sending its shares 13% higher in premarket trading. Following the release, several Wall Street analysts lifted their targets for the stock.

This post appeared first on investing.com

Previous Post

Nissan shares slide on layoffs, production cuts amid weak demand

Next Post

Paramount Global beats profit estimates on streaming growth, cost cuts

admin

admin

Next Post
Paramount Global beats profit estimates on streaming growth, cost cuts

Paramount Global beats profit estimates on streaming growth, cost cuts

Trending News

Counterfeit concerns cloud Shein and Temu’s rapid growth in the toy market

Counterfeit concerns cloud Shein and Temu’s rapid growth in the toy market

November 30, 2024
Boeing’s new labor contract targets $1B wage bill over four years amid strike, shares rise

Boeing’s new labor contract targets $1B wage bill over four years amid strike, shares rise

October 21, 2024
Can Nike’s new CEO and Jordan anniversary turn around its stock performance?

Can Nike’s new CEO and Jordan anniversary turn around its stock performance?

November 2, 2024
Subscribe to Insightful Word


    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025
    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    August 7, 2025
    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    August 7, 2025

    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025

    Latest News

    • Dow futures soar 250 points today: 5 things to know before Wall Street opens
    • Affirm stock price is rising: is it a buy before earnings?
    • Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.