These Stocks Are Moving the Most Today: Cisco, Apple, Shopify, Twilio, Roku, and More

Dow Jones2023-02-16

Stock futures were flat Thursday after rising Wednesday. Investors will be monitoring key economic data in the day ahead that they hope will provide a clearer picture on the path of U.S. interest rates.

These stocks were poised to make moves Thursday:

Cisco Systems $(CSCO)$ was rising 4.2% in premarket trading after the networking equipment provider posted solid fiscal second-quarter earnings and revenue and sharply raised its outlook for the fiscal year.

Apple $(AAPL)$ dipped in premarket trading following a report from The Wall Street Journal that said the Justice Department has in recent months escalated its work on drafting a potential antitrust complaint against the iPhone maker. A report from Bloomberg, meanwhile, said Apple has pushed back the unveiling of its mixed-reality headset to June from Apri.

Shopify $(SHOP)$ declined 10.5% after the e-commerce software company issued softer-than-expected guidance for the first quarter.

Twilio $(TWLO)$ gained 13.6% after reporting a narrower-than-expected loss in the fourth quarter and revenue that topped estimates. The board of the text app developer platform also authorized the company to buy back $1 billion of stock.

Shares of Roku $(ROKU)$ rose 10.5% after the streaming platform company posted a narrower-than-expected fourth-quarter loss and revenue that beat analysts' estimates. Roku added a higher-than-expected 4.6 million new active accounts in the quarter.

Community Health Systems $(CYH)$ reported fourth-quarter adjusted earnings that beat Wall Street estimates and the stock was surging more than 21% in premarket trading.

Zillow (Z) rose 1.7% after the real-estate services company reported fourth-quarter earnings that beat estimates.

Datadog (DDOG), Hasbro $(HAS)$, and Paramount Global (PARA) are scheduled to report earnings before the opening bell Thursday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • BKT
    2023-02-17
    BKT
    Pls like thanks 
  • CASHBae
    2023-02-16
    CASHBae
    Roku [Thinking] [Call]  alas
  • LimBT
    2023-02-16
    LimBT
    Ok
  • 来人
    2023-02-16
    来人
    Ok 
  • JQC
    2023-02-16
    JQC
    Ok
  • dIwIrma
    2023-02-16
    dIwIrma
    👍
Leave a comment
10