© Reuters.
By Sam Boughedda
Investing.com — U.S. indices are down again Friday. Here are the midday movers on May 6th.
Under Armour (NYSE:) (NYSE:) has plummeted Friday, trading 22% lower around midday after it reported , missing loss per share and revenue estimates, while also posting weaker than expected guidance.
Bill Com Holdings (NYSE:) is 14% lower Friday lunchtime despite reporting stronger-than-expected results and guidance. Following the report, Goldman Sachs analyst Will Nance blamed the fall on revenue growth deceleration as the organic core revenue grew 74% YoY vs. 85% last quarter.
HubSpot Inc (NYSE:) stock has gained more than 6% after it reported earnings, beating profit and revenue expectations.
After initially rising, DraftKings (NASDAQ:) is now down 3.5% following its report. The sports betting company registered a loss for the quarter, missing expectations, but revenue topped forecasts. The company also increased full-year revenue guidance.
DoorDash (NYSE:) has regained its earlier losses, now trading 0.15% higher. The company reported a loss that missed expectations, although exceeded estimates. DoorDash raised its full-year forecast for gross order value.
Zillow Group (NASDAQ:) tumbled in the early part of Friday’s session but is now down just 3%. The company reported , disappointing with its outlook, stating that “one thing that is clear about the 2022 housing market is that the path ahead is uncertain.”
Be the first to comment