Today's Morning Movers and Top Ratings: SQ, CVNA, BKNG, LUNR and More
Morning Movers
Gapping up
$NVIDIA(NVDA.US$ stock rose 2%, with the artificial intelligence chip designer continuing to see demand after adding a staggering $277 billion in market capitalization on Thursday, setting a record for the biggest one-day jump in history.
$Carvana(CVNA.US$ stock soared 28% after the used car company forecast core earnings well above $100 million in the first quarter.
$Block(SQ.US$ stock rose 16% after the payments firm beat quarterly revenue estimates and hiked its annual operating profit outlook.
$Intuitive Machines(LUNR.US$ soared over 45% after the aerospace firm's Odysseus lunar lander successfully touched down on the moon, becoming the first private craft to do so and the first U.S. craft on the moon since 1972.
$DraftKings(DKNG.US$ stock rose 2.3% after Barclays upgraded the betting company to overweight from equal weight, recognizing the significant growth potential in the U.S. digital gaming market.
$Grab Holdings(GRAB.US$ stock rose 2.2% after the food delivery company reported its first quarterly profit and unveiled a maiden share repurchase program.
Gapping down
$Warner Bros Discovery(WBD.US$ stock fell 5.2% after the media giant reported fourth-quarter revenue that was below average forecasts, but said it is now on a "clear pathway" to growth.
$Rivian Automotive(RIVN.US$ stock fell 2.5%, continuing the previous session’s sharp drop after UBS downgraded its investment stance on the electric truck maker all the way to ‘sell’ from ‘buy’, citing a"rapidly changing EV backdrop."
$Super Micro Computer(SMCI.US$ stock fell 3.2% after the information technology company announced pricing of $1.5 billion convertible senior notes.
$Booking Holdings(BKNG.US$ The stock slumped more than 8% after the online travel booking company issued gross booking and EBITDA guidance for the first quarter that fell short of expectations, overshadowing better-than-expected quarterly results.
Source: CNBC; Investing.com
US Top Rating Updates on 02/23
Source: Dow Jones
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Hotstuff : It’s DKNG, not BKNG. Check the ticker in your title
Movers and ShakersOP Hotstuff: Thank you for your message. I apologize for the confusion. To clarify, DKNG is the ticker symbol for DraftKings Inc., which focuses on fantasy sports and sports betting. BKNG, on the other hand, is the ticker symbol for Booking Holdings. Our article mentions both companies. Thank you for bringing this to our attention.
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