{"id":7559,"date":"2024-11-08T23:48:54","date_gmt":"2024-11-08T23:48:54","guid":{"rendered":"https:\/\/finderica.com\/stocks-making-the-biggest-moves-midday-tsla-abnb-tost-pins\/"},"modified":"2024-11-08T23:48:54","modified_gmt":"2024-11-08T23:48:54","slug":"stocks-making-the-biggest-moves-midday-tsla-abnb-tost-pins","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=7559","title":{"rendered":"Stocks making the biggest moves midday: TSLA, ABNB, TOST, PINS"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines in midday trading: Tesla \u2014 The electric vehicle stock gained nearly 7%, continuing to rally on the heels of Donald Trump winning a second presidential term. The Elon Musk-helmed company saw its market capitalization rise to $1 trillion on Friday. Shares have gained more than 26% this week. Trump Media &amp; Technology \u2014 Trump&#8217;s social media company advanced 12% after he said he had no plan to sell any of his nearly $3 billion stake . Five Below \u2014 The discount retailer slipped more than 4% as the ramifications of Trump&#8217;s potential tariffs on Chinese imports continued to weigh on the stock. Upstart \u2014 The lending platform surged more than 46% after issuing a better-than-expected revenue forecast for the current quarter, on top of surpassing analysts&#8217; estimates for both revenue and earnings in the third quarter. Pinterest \u2014 Shares of the image-sharing platform pulled back 16% after the company issued a lower-than-expected revenue outlook for the current quarter. Block \u2014 The Cash App parent company slumped more than 4.5% after its third-quarter revenue of $5.98 billion missed expectations. Analysts anticipated revenue of $6.24 billion, per LSEG. Airbnb \u2014 Shares fell more than 8% after the homestay company posted mixed quarterly results. Airbnb managed to beat revenue estimates, but earnings came just below expectations. DraftKings \u2014 Shares of the sports betting company gained 1% even after DraftKings posted weaker-than-expected third-quarter earnings and a disappointing revenue outlook for the current quarter. Toast \u2014 The restaurant management company climbed 13% after it forecast adjusted EBITDA\u00a0of between $90 million and $100 million for the current quarter. Analysts expected guidance around $74.8 million, per LSEG. Arista Networks \u2014 Shares of the computer networking company fell 7% despite third-quarter results beating analysts&#8217; estimates. Arista also announced a four-for-one stock split. Lucid Group \u2014 The stock fell more than 4% despite the electric carmaker posting better-than-expected third-quarter results . The company posted an adjusted loss per share of 28 cents on revenue of $200 million. Analysts expected a loss of 30 cents per share on $198 million in revenue, according to LSEG. That said, Lucid&#8217;s net loss widened in the period, posting $992.5 million versus $630.9 million in the year-ago period. Capri Holdings \u2014 The fashion holding company sank more than 10% following a fiscal second-quarter earnings and revenue miss. Capri reported an adjusted 65 cents per share on revenue of $1.08 billion. Analysts polled by LSEG expected 75 cents in earnings per share and $1.18 billion. Monster Beverage \u2014 The energy drink company shed 2.1% after reporting worse-than-anticipated results for the third quarter. Monster earned 40 cents per share, excluding items, on $1.88 billion in revenue, while analysts polled by FactSet predicted 43 cents in earnings per share and $1.91 billion in revenue. Affirm Holdings \u2014 Shares dipped more than 10% even as the buy now, pay later company reported better-than-expected first-quarter results on the top and bottom lines . BioNTech \u2014 The German biotechnology company advanced nearly 5% after Goldman Sachs upgraded the stock to buy from neutral , citing upside from a new cancer treatment. Bath &amp; Body Works \u2014 Shares pulled back nearly 6% after Barclays downgraded the retailer to equal weight from overweight, over concern that sales and margin could be squeezed in 2025. \u2014 CNBC&#8217;s Hakyung Kim, Alex Harring and Sean Conlon contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/11\/08\/stocks-making-the-biggest-moves-midday-tsla-abnb-tost-pins.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines in midday trading: Tesla \u2014 The electric vehicle stock gained nearly 7%, continuing to rally on the heels of Donald Trump winning a second presidential term. The Elon Musk-helmed company saw its market capitalization rise to $1 trillion on Friday. Shares have gained more than 26% this week. Trump<\/p>\n","protected":false},"author":1,"featured_media":7560,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[2220,200,457,634,72,2221,108,2268,1255],"class_list":{"0":"post-7559","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-abnb","9":"tag-biggest","10":"tag-making","11":"tag-midday","12":"tag-moves","13":"tag-pins","14":"tag-stocks","15":"tag-tost","16":"tag-tsla"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/7559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7559"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/7559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/7560"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}