After-Hours Stock Movers 05/04: (DTEA) (BGFV) (ATVI) Higher; (ESPR) (MCFE) (UPWK) Lower (more...)
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- Wall Street ends lower as solid jobs data fuels hawkish Fed bets
- US nonfarm payrolls blow past expectations in August; unemployment rate steady at 4.1%
- BofA's Hartnett says stay long commodities and gold as 'policy panic' works
- Oil ends week higher on renewed US-Iran strikes, diesel hits record
- TikTok owner ByteDance said to secure $29.6bn loan for AI push
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Match Group (MTCH) Leaps After Beating Q1 Estimates, More Upside Left Says Analyst
May 6, 2021 7:44 AM EDTMatch Group (NASDAQ: MTCH) stock is trading 2.3% higher in pre-open Thursday after the company posted stronger-than-expected Q1 results.
Match reported earnings of $0.65 per share on an adjusted basis as sales climbed 23% to $668 million. Market analysts were calling for earnings of $0.40 per share on revenues of $650.6 million.
Exiting the summer season, our business proved resilient and maintained first-time subscriber levels well above the pre-COVID baseline, even as cases began to rise once again. In the fourth quarter, as the second wave of COVID cases and related lockdowns took hold, we... More
Alteryx (AYX) PT Lowered to $130 at Rosenblatt
May 5, 2021 7:41 AM EDTRosenblatt analyst Blair Abernethy lowered the price target on Alteryx (NYSE: AYX) to $130.00 (from $145.00) while maintaining a Buy rating.
The analyst commented, "Alteryx reported Q1 results (Tuesday after market close) that came in above our revenue and margin expectations, with ARR growth of... More
Wells Fargo Reiterates Overweight Rating on Activision Blizzard (ATVI) Following 1Q
May 5, 2021 6:49 AM EDTWells Fargo analyst Brian Fitzgerald reiterated an Overweight rating and $120.00 price target on Activision Blizzard (NASDAQ: ATVI) following the company's 1Q earnings report. Net Bookings grew 36% Y/Y vs. Consensus expectations of 17%. Operating Margin was 41%, 81 bps better than Consensus.
Wells Fargo adjusted... More
