Stocks making the biggest moves midday: Deere, Airbnb, AutoNation, Moderna and more
Publishing timestamp: 2023-02-17 17:15:16
Summary
This article discusses the performance of 12 public companies and cryptocurrencies, with sentiment being mixed. Deere reported earnings-per-share of $6.55 for its fiscal first quarter, topping $5.57 expected by analysts. Airbnb shares dropped 8.13% after a stronger-than-expected fourth-quarter earnings report. Albemarle reported adjusted earnings-per-share beat after bell Wednesday, as well as revenue that was in-line with expectations. Bio-Rad Laboratories reported fourth-quarter net income of $827.7 million, after reporting loss in same period year prior. Zebra Technologies predicted sales would drop slightly for full year. AutoNation beat fourth-quarter profit and sales expectations. DraftKings reported fourth-quarter results that topped expectations. Moderna's influenza vaccine candidate posted mixed results in clinical trials. Redfin reported better-than-expected fourth-quarter results, but revenue declined year over year. Roku erased early gains amid broader sell-off on Wall Street. DoorDash reported mixed fourth quarter. Biogen rose after Japanese drugmaker Eisai said it expects FDA to fully approve its Alzheimer's treatment Leqembi this summer.
Sentiment: MIXED
Tickers: ROKU, BIO, BIIB, MRNA, DE, ALB, RDFN, AN, ZBRA, ABNB, DASH, DKNG,
Keywords: business, draftkings inc, business news, roku inc, albemarle corp, markets, breaking news: markets, market insider, redfin corp, deere & co, autonation inc, economy, biogen inc, doordash inc, stock markets, bio rad laboratories inc, airbnb inc, zebra technologies corp, moderna inc,
Source: https://www.cnbc.com/2023/02/17/stocks-making-the-biggest-moves-midday.html