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Today's Morning Movers and Top Ratings: GM, SMCI, UPS, SPOT and More

Movers and Shakers wrote a column · Jan 30 07:14
Morning Movers
Gapping up
$General Motors(GM.US)$ stock soared 7.8% after the auto giant reported lower pretax profit for the fourth quarter but gave investors an upbeat outlook for 2024 and signaled more capital could be returned to shareholders.
$Pfizer(PFE.US)$ stock rose 1.1% after the drugmaker reported a surprise quarterly profit, helped by COVID products demand being stronger than expectations and lower research costs.
$Ford Motor(F.US)$ stock rose 2.7% after the auto manufacturer said it would supply more than 1,000 F-150 Lightning and Mustang Mach-E electric vehicles to Ecolab to replace the water treatment firm's gas-powered vehicles in California.
$F5 Inc(FFIV.US)$ stock rose 10% after the cybersecurity stock raised its earnings outlook for 2024 after releasing strong first-quarter numbers.
$Super Micro Computer(SMCI.US)$ stock rose over 12% after the artificial intelligence server maker delivered strong quarterly results and raised its full-year revenue forecast.
Gapping down
$United Parcel Service(UPS.US)$ stock fell 7% after the world's biggest package delivery firm forecast annual revenue below expectations, facing sluggish domestic and international e-commerce demand.
$Whirlpool(WHR.US)$ stock fell 4.6% after the white goods maker forecast full-year sales and profit below expectations, suffering from pricing pressure from rivals and higher expenses.
$Calix(CALX.US)$ stock slumped over 20% after the telecom software provider unveiled first-quarter guidance that was well short of Wall Street estimates as customers rethink their spending plans.
$JetBlue Airways(JBLU.US)$ stock fell 0.9% after the low-cost carrier swung to a loss in the fourth quarter and forecast a fall in first-quarter revenue amid early signs of softening domestic demand.
Source: CNBC;
US Top Rating Updates on 01/30
Today's Morning Movers and Top Ratings: GM, SMCI, UPS, SPOT and More
Source: Dow Jones
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