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Today's Pre-Market Stock Movers: DOCS, WBA, PGY, INTC and More

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Movers and Shakers wrote a column · Nov 11, 2022 07:17
Gapping up
$Doximity(DOCS.US)$ +21.1% (The online platform for medical professionals reported better-than-expected quarterly results and announced a new share repurchase program.)
$LegalZoom(LZ.US)$ +15.4% (The company reported its better-than-expected quarterly results from the online provider of legal documents and advice. LegalZoom reported a quarterly loss that was smaller than analysts had anticipated and raised its full-year revenue forecast)
$Beazer Homes USA(BZH.US)$ +14.99% (The company reported its quarterly earnings and revenue came in above Wall Street consensus. Beazer benefited from gains in both home prices and profit margins.)
$Walgreens Boots Alliance(WBA.US)$ +2.57% (Deutsche Bank upgraded the stock to buy from hold. Following a recent meeting with management, the firm said it is increasingly confident in Walgreens’ strategy to transition to a healthcare services company.)
$Matterport(MTTR.US)$ +22.1% (The company reported better-than-expected Q3 sales results. The company also issued Q4 and FY22 sales guidance above analyst estimates.)
$Pagaya Technologies(PGY.US)$ +14.1% (The company reported better-than-expected Q3 EPS and sales results.)
Gapping down
$Duolingo(DUOL.US)$ -3.2% (The company reported revenue for its most recent quarter fell slightly short of analyst forecasts. The provider of online language classes also reported a smaller-than-expected quarterly loss and increased its full-year revenue outlook.)
$Intel(INTC.US)$ -2% (The chip maker's stock was rated underweight in resumed coverage at JPMorgan Chase following a restriction period, compared with its most recent rating of overweight. JPMorgan said Intel will participate in an overall industry rebound, but at a slower pace due to competitive pressures.)
$GoHealth(GOCO.US)$ -16.3% (The company posted downbeat Q3 sales.)
$Invitae(NVTA.US)$ -7.7% (Invitae recently reported better-than-expected Q3 results and reduced 2022 cash burn guidance.)
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