Boeing, Enphase Energy, Roblox -Breaking
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© Reuters. Sam Boughedda
Investing.com – US stocks traded mostly higher Wednesday, according to Investing.com. These are the top mid-day moves for Wednesday April 27th
Enphase Energy (NASDAQ:) stock has surged, trading 5.12% higher midday after the solar microinverter company reported earnings Tuesday after the close, beating top and bottom-line expectations, reporting a record .
Robinhood Markets (NASDAQ:) is trading 5.9% lower after the brokerage reported it will lay off about 9% of its full-time staff, because of “duplicate roles and job functions.”
Roblox (NYSE:) stock has tumbled about 5.4% after Morgan Stanley cut its price target from $65 to $32 per share as they continue to see negative revisions ahead.
VisaThe stock price of (NYSE: ) rose 8.1% following its report and revenue which beat analysts’ estimates. According to the company, continued growth will be possible due to travel recovery.
Microsoft(NASDAQ: ) trades 6% higher on Tuesday close. Software giant ATI anticipates double-digit revenue rise for next fiscal year because of demand for cloud computing.
Boeing Co (NYSE:) Revenue and earnings forecasts were missed due to increased costs for commercial and military aircraft. Its stock fell 7.7% following the publication.
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