• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

4 Florida Towns That Are Proving to Be Hurricane-Proof

August 4, 2025

Six Figures, Seven Figures? What You Need to Earn to Join the 1%

August 4, 2025

A Founder’s Guide to Building a Real AI Strategy

August 3, 2025
Facebook Twitter Instagram
Trending
  • 4 Florida Towns That Are Proving to Be Hurricane-Proof
  • Six Figures, Seven Figures? What You Need to Earn to Join the 1%
  • A Founder’s Guide to Building a Real AI Strategy
  • Tell Your Story and Share Your Strategies with the $49 Youbooks Tool
  • 4 Easy Ways to Build a Team-First Culture — and How It Makes Your Business Better
  • Stop Duct-Taping Your Tech Stack Together: This All-in-One Tool Is Hundreds of Dollars Off
  • Actions To Consider For Your IRA Before The Year Ends
  • 6 Lush, Hearty Grasses That Are Perfect for Bare Feet
Monday, August 4
Facebook Twitter Instagram
iSafeSpend
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
iSafeSpend
Home » Stocks making the biggest moves midday: Southwest Airlines, Qualcomm, Roku, Clorox and more
News

Stocks making the biggest moves midday: Southwest Airlines, Qualcomm, Roku, Clorox and more

News RoomBy News RoomAugust 6, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

Check out the companies making headlines in midday trading.

Roku — The streaming platform’s stock shed nearly 2% after Citi downgraded shares to neutral from buy. The firm said that Roku shares, which have jumped about 120% year to date, may have limited further upside.

Simon Property Group — Shares dropped close to 6% after Simon Property Group reported a decline in funds from operations compared with a year ago. During the second quarter, funds from operations came in at $2.88 per diluted share, compared with $2.91 per diluted share in the year-ago period.

Southwest Airlines — Shares slipped 2.5% after Jefferies downgraded the air carrier to underperform from hold. The firm cited difficulty competing against premium providers.

Etsy — Stock in the e-commerce company plummeted nearly 12% after reporting quarterly results. Etsy disappointed investors Wednesday with lower forward guidance despite a second-quarter earnings beat.

Qualcomm — The chipmaker tumbled 9%. Qualcomm posted adjusted revenue of $8.44 billion, falling short of analysts’ estimates of $8.5 billion, per Refinitiv. The company also gave soft guidance and noted weak smartphone chip sales.

DoorDash — Shares of the food delivery company jumped almost 4% a day after the firm boosted its annual core profit forecast. DoorDash also reported revenue of $2.13 billion in the second quarter, beating analysts’ estimate of $2.06 billion, per Refinitiv. The company did post a bigger-than-expected loss last quarter, however.

Traeger — Stock in the grill maker soared 45% after an earnings beat following the closing bell Wednesday. Traeger reported adjusted earnings of 4 cents per share on $171.5 million in revenue, while analysts polled by FactSet had forecast a per-share loss of 2 cents and $154.9 million in revenue.

Clorox — Clorox stock added to earlier gains with a 9.5% jump in midday trading. The company beat on earnings and revenue a day earlier, reporting an adjusted $1.67 per share and $2.02 billion in revenue against analysts’ estimates of $1.18 per share and $1.88 billion in revenue, per Refinitiv.

PayPal — Shares lost 11.3% during Thursday’s midday trading session after the payments company posted earnings that were in line with analysts’ predictions Wednesday post-market. PayPal reported adjusted earnings of $1.16 per share, which was also estimated by analysts polled by Refinitiv. The company’s revenue beat the Street’s expectations, posting $7.29 billion compared with analysts’ estimates of $7.27 billion.

Sunrun — The solar stock added 10% in midday trading after reporting earnings. On Wednesday, the company reported earnings of 25 cents a share for the second quarter, while analysts forecast a loss of 13 cents a share, per Refinitiv.

Shopify — The e-commerce company fell 5% despite an earnings beat. On Wednesday, Shopify reported an adjusted 14 cents per share on $1.69 billion in revenue, while analysts polled by Refinitiv forecast 5 cents and $1.62 billion.

EVgo — Shares surged 21% a day after the charging network operator reported a big earnings beat. EVgo posted an 8 cent loss per share, versus the 27 cent loss expected, according to Refinitiv. Revenue was $50.6 million, topping the $29.6 million expected

Expedia — Stock in the online trip planner fell 17% after reporting a revenue miss for the second quarter. Expedia posted $3.36 billion in revenue, falling short of the $3.37 billion analysts expected, according to Refinitiv. The company issued soft guidance for the third quarter.

Cummins — Shares fell more than 8% after Cummins missed on earnings in its latest quarterly report. The engine manufacturer reported earnings of $5.18 per share, excluding items, and $8.64 billion in revenue. Analysts polled by FactSet called for earnings of $5.25 per share and $8.39 billion of revenue.

— CNBC’s Alex Harring, Yun Li, Michelle Fox, Hakyung Kim, Sarah Min and Pia Singh contributed reporting.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

RSS Feed Generator, Create RSS feeds from URL

News October 25, 2024

X CEO Linda Yaccarino addresses Musk’s ‘go f—- yourself’ comment to advertisers

News November 30, 2023

67-year-old who left the U.S. for Mexico: I’m happily retired—but I ‘really regret’ doing these 3 things in my 20s

News November 30, 2023

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

News November 29, 2023

Americans are ‘doom spending’ — here’s why that’s a problem

News November 29, 2023

Jim Cramer’s top 10 things to watch in the stock market Tuesday

News November 28, 2023
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

Six Figures, Seven Figures? What You Need to Earn to Join the 1%

August 4, 20250 Views

A Founder’s Guide to Building a Real AI Strategy

August 3, 20250 Views

Tell Your Story and Share Your Strategies with the $49 Youbooks Tool

August 3, 20250 Views

4 Easy Ways to Build a Team-First Culture — and How It Makes Your Business Better

August 3, 20250 Views
Don't Miss

Stop Duct-Taping Your Tech Stack Together: This All-in-One Tool Is Hundreds of Dollars Off

By News RoomAugust 3, 2025

Disclosure: Our goal is to feature products and services that we think you’ll find interesting…

Actions To Consider For Your IRA Before The Year Ends

August 3, 2025

6 Lush, Hearty Grasses That Are Perfect for Bare Feet

August 3, 2025

8 Companies That Will Reward You With Cold, Hard Cash

August 3, 2025
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: support@isafespend.com

Our Picks

4 Florida Towns That Are Proving to Be Hurricane-Proof

August 4, 2025

Six Figures, Seven Figures? What You Need to Earn to Join the 1%

August 4, 2025

A Founder’s Guide to Building a Real AI Strategy

August 3, 2025
Most Popular

4 Florida Towns That Are Proving to Be Hurricane-Proof

August 4, 20250 Views

Six Figures, Seven Figures? What You Need to Earn to Join the 1%

August 4, 20250 Views

A Founder’s Guide to Building a Real AI Strategy

August 3, 20250 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 iSafeSpend. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.