Today's Pre-Market Stock Movers: CSCO, TWLO, ROKU, SHOP and More
Gapping up
$Cisco(CSCO.US$ +4.2% (The networking equipment provider posted solid fiscal second-quarter earnings and revenue and sharply raised its outlook for the fiscal year.)
$Twilio(TWLO.US$ +13.6% (The company reported a narrower-than-expected loss in the fourth quarter and revenue that topped estimates. The board of the text app developer platform also authorized the company to buy back $1 billion of stock.)
$Roku Inc(ROKU.US$ +10.5% (The streaming platform company posted a narrower-than-expected fourth-quarter loss and revenue that beat analysts' estimates. Roku added a higher-than-expected 4.6 million new active accounts in the quarter.)
$Zillow-C(Z.US$ +1.7% (The real-estate services company reported fourth-quarter earnings that beat estimates.)
$Community Health Systems(CYH.US$ +21% (The compamy reported fourth-quarter adjusted earnings that beat Wall Street estimates.)
Gapping down
$Apple(AAPL.US$ -0.93% (The Wall Street Journal that said the Justice Department has in recent months escalated its work on drafting a potential antitrust complaint against the iPhone maker. A report from Bloomberg, meanwhile, said Apple has pushed back the unveiling of its mixed-reality headset to June from Apri.)
$Shopify(SHOP.US$ -10.5% (The e-commerce software company issued softer-than-expected guidance for the first quarter.)
$Datadog(DDOG.US$ -9.20% (The company reported strong fourth-quarter results, but issued guidance below analyst estimates.)
$Paramount Global-B(PARA.US$ -4.77% (The company posted lower earnings for the fourth quarter as losses mounted at its streaming business and higher film costs ate into profit.)
Source: Dow Jones
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