Stock Groups

Stitch Fix, Roku, Norwegian Cruise Line and more

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Take a look at the top midday traders.

Stitch Fix — Shares of the digital personal shopping company plummeted 23% after reporting disappointing guidance for the fiscal second quarter and the full year. Stitch Fix missed its estimates for fiscal quarter one active customers. The top and bottom lines for its quarterly results were however beat by the company.

Roku — Shares of the streaming platform rallied more than 15% after announcing it has reached a multiyear agreement with Google to keep YouTube and YouTube TV on its service. The deal will allow the 56.4 million active Roku accountsTo continue to watch YouTube and YouTube TV, Google’s live streaming service, without disruption.

Travel and reopening stocks — While the broader market was flat, travel and reopening stocks rose on Wednesday. Norwegian Cruise Line– 10% American Airlines3.8% added, United AirlinesPop 5.7% CarnivalThe rise was 7.4% Royal CaribbeanIt rose 6.6%

PagerDuty — Shares of the software company rose 10.4% after PagerDuty reported a loss of 7 cents per share, topping estimates of a loss of 9 cents per share, according to Refinitiv. This was more than the $70.0 million revenue forecast. PagerDuty’s fourth-quarter earnings and guidance were also better than expected.

Dave & Buster’s — Shares of the arcade company popped 9% after reporting better-than-expected third-quarter results. Dave & Buster’s reported earnings of 21 cents per share, 8 cents higher than estimates, according to Refinitiv.

NXP Semiconductor – Shares of the chip company declined 5% after UBS initiated coverageThe stock has a sell rating. According to the firm, while NXP believes that it will continue to be a leader for some product categories NXP’s growth in its automotive division will be slower than that of other peers. This target is approximately 28% lower than the closing price of shares on Tuesday.

ChargePoint Holdings — Shares of ChargePoint Holdings dipped 5.2% after posting a GAAP per-share loss of 21 cents per share. The revenue reported by the company was $65.0million, which is more than the $64.8million estimated, according to Refinitiv.

Honeywell — Shares of Honeywell retreated more than 1% after Bank of America downgraded the stock to a neutral rating from buy. Bank of America also reduced its stock price target. Bank of America indicated that Honeywell should see a decline in revenue and margins due to supply chain challenges and inflationary pressures during the first half of 2022.

Robinhood — Shares of the millennial-favored trading app gained less than 1% after the company said it was seekingSome of its early investors may terminate the resale or cession of their common shares.

— with reporting from CNBC’s Hannah Miao, Pippa Stevens and Yun Li.

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