Picture of Honest logo

HNST Honest News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsAdventurousSmall CapNeutral

U.S. STOCKS ON THE MOVE-Bumble, Micron, Robinhood, Twitter

* Eikon search string for individual stock moves:  STXBZ 
    * The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi
    * The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh

Growth stocks led a rebound in Wall Street's main indexes on Friday in a week
marred by worries about the worsening outlook for economic growth, while Twitter
sank after Elon Musk put his deal for the social media company on pause. .N 
    
    At 13:35 pm ET, the Dow Jones Industrial Average  .DJI  was up 1.20% at
32,110.8. The S&P 500  .SPX  was up 2.25% at 4,018.67 and the Nasdaq Composite
 .IXIC  was up 3.72% at 11,793.819.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** Las Vegas Sands Corp  LVS.N , up 13.3%
 ** Enphase Enrgy Inc  ENPH.O , up 12.2%
 ** Wynn Resorts Ltd  WYNN.O , up 12.1%
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** Twitter Inc  TWTR.N , down 9.2%
 ** Davita Inc  DVA.N , down 2.2%
 ** Nielsen Holdings Inc  NLSN.N , down 1.3%
 
 The top three NYSE  .PG.N  percentage gainers:
 ** Lightspeed Commerce Inc  LSPD.N , up 29.9%
 ** Pagseguro Digital Ltd  PAGS.N , up 26.9%
 ** Heliogen Inc  HLGN.N , up 22.8%
 
 The top NYSE  .PL.N  percentage loser:
 ** Figs  FIGS.N , down 26%
 
 The top three Nasdaq  .PG.O  percentage gainers:
 ** Veru Inc  VERU.O , up 48.4%
 ** Duolingo Inc  DUOL.O , up 40.4%
 ** Inotiv Inc  NOTV.O , up 39.4%
 
 The top three Nasdaq  .PL.O  percentage losers:
 ** Actelis Networks Inc  ASNS.O , down 31.7%
 ** Brilliant Earth Group Inc  BRLT.O , down 29.3 %
 ** Tenon Medical Inc  TNON.O , down 24%
 
 
** Micron Technology Inc  MU.O : up 7.1%
BUZZ-Forward pricing agreements will reduce margin volatility  urn:newsml:reuters.com:*:nL3N2X51RL
    
 ** Archer Aviation Inc  ACHR.N : up 14.3%
 Joby Aviation Inc  JOBY.N : up 20.4%
BUZZ-J.P. Morgan eyes clear skies for Archer, Joby Aviation  urn:newsml:reuters.com:*:nL3N2X51Y2
    
 ** Rivian Automotive Inc  RIVN.O : up 10.8%
BUZZ-Under pressure as some investors monetize stake - Deutsche Bank
 urn:newsml:reuters.com:*:nL3N2X51Z3
 
 ** Twitter Inc  TWTR.N : down 9.2%
BUZZ-Falls after Musk hits pause on $44 bln deal  urn:newsml:reuters.com:*:nL3N2X52XF
    
 ** Robinhood Markets Inc  HOOD.O : up 24.4%
BUZZ-Rebounds as FTX CEO's stake sparks retail interest  urn:newsml:reuters.com:*:nL3N2X522A
    
 ** Tesla Inc  TSLA.O : up 6.6%
BUZZ-Rises as Musk says Twitter deal on hold  urn:newsml:reuters.com:*:nL3N2X522P
    
 ** JPMorgan Chase & Co  JPM.N : up 0.9%
 Goldman Sachs Group Inc  GS.N : up 2.7%
 Morgan Stanley  MS.N : up 2.9%
 Well Fargo & Co  WFC.N : up 2.5%
BUZZ-Major U.S. banks climb as Treasury yields rise, curve steepens  urn:newsml:reuters.com:*:nL3N2X523P
    
 ** Alibaba Group Holding Ltd  BABA.N : up 7.1%
 Li Auto Inc  LI.O : up 9.4%
 Nio Inc  NIO.N : up 8.2%
 Xpeng Inc  XPEV.N : up 12.4%
BUZZ-China ADRs gain as Shanghai says 'victory' against COVID getting
closer urn:newsml:reuters.com:*:nL3N2X5266
    
 ** Affirm  Holdings Inc  AFRM.O : up 27.5%
BUZZ-Soars after revenue forecast raise ignites retail interest  urn:newsml:reuters.com:*:nL3N2X522Z 
    
 ** Figs Inc  FIGS.N : down 26.0%
BUZZ-Down on disappointing results, PT cuts  urn:newsml:reuters.com:*:nL3N2X525Q 
    
 ** XP Inc  XP.O : up 4.6%
BUZZ-BofA lowers PT for XP on rate hike headwinds  urn:newsml:reuters.com:*:nL3N2X526Z 
    
 ** Riot Blockchain Inc  RIOT.O : up 11.2%
 Marathon Digital Holding Inc  MARA.O : up 13.2%
 Bit Digital Inc  BTBT.O : up 4.4%
 Hut 8 Mining Corp  HUT.O : up 13.7%
BUZZ-Crypto stocks show signs of recovery, but bitcoin meltdown continues to
weigh  urn:newsml:reuters.com:*:nL3N2X524E 
 ** Pulse Biosciences Inc  PLSE.O : up 13.3%
BUZZ-Brokerages downgrade Pulse Biosciences as skin device launch
sputters urn:newsml:reuters.com:*:nL3N2X528G 
   
 ** Palo Alto Networks Inc  PANW.O : up 2.6%
BUZZ-Gains as RBC sees strong Q3 on favorable security trends  urn:newsml:reuters.com:*:nL3N2X52A8
    
 ** Dynavax Technologies Corp  DVAX.O : up 27.3%
 Alpha and Omega Semiconductor Ltd  AOSL.O : up 20.1% 
BUZZ-Jump on S&P SmallCap inclusion  urn:newsml:reuters.com:*:nL2N2X50P8    
 
 ** Honest Co  HNST.O : up 12.8%
BUZZ-Expects to return to growth next quarter, shares rise  urn:newsml:reuters.com:*:nL3N2X52F5

 ** Digital World Acquisition Corp  DWAC.O : up 6.0%
BUZZ-Trump-linked SPAC rises as Musk puts Twitter deal 'on hold'  urn:newsml:reuters.com:*:nL3N2X52EP  
    
 ** Brilliant Earth Group Inc  BRLT.O : down 29.3%
BUZZ-Declines as 2022 sales forecast cut overshadows Q1 beat  urn:newsml:reuters.com:*:nL3N2X52FL  
    
 ** Toast Inc  TOST.N : up 8.6%
BUZZ-JPM lowers PT for Toast on inflationary pressures  urn:newsml:reuters.com:*:nL3N2X528L  
    
 ** Poshmark Inc  POSH.O : up 25.3%
BUZZ-Rises on smaller-than-expected loss  urn:newsml:reuters.com:*:nL3N2X52GW  
    
 ** Apple Inc  AAPL.O : up 2.9%
 Amazon.com Inc  AMZN.O : up 4.5%
 Netflix Inc  NFLX.O : up 5.6%
 Alphabet Inc  GOOGL.O : up 3.5%
BUZZ-Wedbush sees buying opportunity for tech sector amid broad sell-off
 urn:newsml:reuters.com:*:nL3N2X52EX  
    
 ** Endeavor Group Holdings Inc  EDR.N : up 12.4%
BUZZ- Rallies after forecast raise, analyst upgrades  urn:newsml:reuters.com:*:nL2N2X50SZx  
    
 ** ProAssurance Corp  PRA.N : down 2.8%
BUZZ-Truist cuts PT for ProAssurance, sees difficulty in braving industry
headwinds  urn:newsml:reuters.com:*:nL3N2X52IC  
    
 ** Volta Inc  VLTA.N : up 18.9%
BUZZ-Rises on Q1 revenue beat, smaller-than-expected loss  urn:newsml:reuters.com:*:nL3N2X52KL
    
 ** Occidental Petroleum Corp  OXY.N : up 8.5%
BUZZ-Gains as Buffett continues buying shares  USN 
    
 ** United Airlines Holdings Inc  UAL.O : up 4.2%
BUZZ-Reaches new contract deal with pilots, shares up  urn:newsml:reuters.com:*:nL3N2X52OM
    
 ** Duolingo Inc  DUOL.O : up 40.4%
BUZZ-Jumps on upbeat forecast as users surge  urn:newsml:reuters.com:*:nL3N2X52OJ
    
 ** Hippo Holdings Inc  HIPO.N : up 29.8%
BUZZ-Jumps on strong Q1 result  USN 
    
 ** Coinbase Global Inc  COIN.O : up 23.9%
 Unity Software Inc  U.N : up 11.7%
BUZZ-Cathie Wood's Ark funds snap up more battered shares of Coinbase, Unity
 urn:newsml:reuters.com:*:nL3N2X52OP
    
 ** CBAK Energy Technology Inc  CBAT.O : up 14.6%
BUZZ-Rises on $29 mln battery order from European customer  urn:newsml:reuters.com:*:nL3N2X52Q2

 ** Exxon Mobil Corp  XOM.N : up 2.8%
 Chevron Corp  CVX.N : up 2.2%
 Hess Corp  HES.N : up 5.5%
 APA Corp  APA.O : up 9.0%
BUZZ-Energy sector climbs as dwindling supplies from Russia lift crude
 urn:newsml:reuters.com:*:nL3N2X52QO
    
 ** Poshmark Inc  POSH.O : up 25.3%
BUZZ-Set for best day on smaller-than-expected loss, revenue beat  urn:newsml:reuters.com:*:nL3N2X52Q1
    
 ** Gencor Industries Inc  GENC.O : up 4.7%
BUZZ-Rises on upbet Q2 earnings  urn:newsml:reuters.com:*:nL3N2X52S0
    
 ** American Express Co  AXP.N : up 3.5%
 Visa Inc  V.N : up 2.7%
 Mastercard Inc  MA.N : up 3.2%
BUZZ-U.S. card companies recover as financials rebound to end grueling week
 urn:newsml:reuters.com:*:nL3N2X52TX
    
 ** AirSculpt Technologies Inc  AIRS.O : up 6.7%
BUZZ-Jumps on raising 2022 revenue forecast  urn:newsml:reuters.com:*:nL3N2X52UF
    
 ** AMC Entertainment Holdings Inc  AMC.N : up 5.9%
 GameStop Corp  GME.N : up 10.4%
 Mullen Automotive Inc  MULN.O : up 17.2%
 Lucid Group Inc  LCID.O : up 14.6%
BUZZ-Retail favorites rebound at end of brutal week  urn:newsml:reuters.com:*:nL3N2X52T8
    
 ** Volta Inc  VLTA.N : up 18.9%
BUZZ-Eyes best day in 15 months on revenue beat  urn:newsml:reuters.com:*:nL3N2X52V2
    
 ** PayPal Holdings Inc  PYPL.O : up 5.2%
 Block Inc  SQ.N : up 10.9%
 Affirm Holdings Inc  AFRM.O : up 27.5%
 LoanDepot Inc  LDI.N : up 4.6%
BUZZ-Affirm, Robinhood cheer lifts fintechs to pare some losses to end bumpy
week  urn:newsml:reuters.com:*:nL3N2X52U7
    
 ** Robinhood Markets Inc  HOOD.O : up 24.4%
BUZZ-Rebounds as FTX CEO's stake sparks retail interest  urn:newsml:reuters.com:*:nL3N2X52UV
    
 ** Bumble Inc  BMBL.O : up 15.6%
BUZZ- Rises on PT raise, broader market rally  urn:newsml:reuters.com:*:nL3N2X52XP
    
 ** Ryder System Inc  R.N : up 17.5%
BUZZ-Surges after hedge fund HG Vora's buyout offer  urn:newsml:reuters.com:*:nL3N2X52XV
    
 ** Carvana Co  CVNA.N : up 3.9%
BUZZ-Deutsche says Carvana to post operational update, shares jump  urn:newsml:reuters.com:*:nL3N2X52Y3
    
 ** Veru Inc  CVNA.N : up 3.9%
BUZZ-Soars as retail traders hit back  urn:newsml:reuters.com:*:nL3N2X52YH
    
 ** PolarityTE Inc  PTE.O : up 47.4%
BUZZ-PolarityTE jumps on FDA tag for SkinTE  urn:newsml:reuters.com:*:nL3N2X52YM
    
 ** First Solar Inc  FSLR.O : up 5.5%
BUZZ-Climbs as Piper Sandler upgrades to 'overweight'  urn:newsml:reuters.com:*:nL3N2X5327
    
 ** Travelers Companies Inc  TRV.N : down 0.3%
 MetLife Inc  MET.N : up 1.0%
 American International Group Inc  AIG.N : up 0.8%
 Prudential Financial Inc   PRU.N : up 1.3%
BUZZ-U.S. insurers gain as Treasury yields climb, Wall Street rebounds
 urn:newsml:reuters.com:*:nL3N2X5322
    
 ** AcelRx Pharmaceuticals Inc  ACRX.O : up 12.1%
BUZZ-Gains ahead of Q1 results  urn:newsml:reuters.com:*:nL3N2X5323
    
 ** Mannatech Inc  MTEX.O : down 7.3%
BUZZ-Tanks after downbeat Q1 results  urn:newsml:reuters.com:*:nL3N2X533Y
    
 ** Mercury Systems Inc  MRCY.O : up 6.4%
BUZZ-Climbs as Truist upgrades to 'buy', raises PT  urn:newsml:reuters.com:*:nL3N2X5338
 The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL   up 2.67%
 Consumer Discretionary   .SPLRCD   up 3.81%
 Consumer Staples         .SPLRCS   up 0.75%
 Energy                   .SPNY     up 3.54%
 Financial                .SPSY     up 1.53%
 Health                   .SPXHC    up 1.11%
 Industrial               .SPLRCI   up 1.03%
 Information Technology   .SPLRCT   up 3.24%
 Materials                .SPLRCM   up 1.97%
 Real Estate              .SPLRCR   up 1.53%
 Utilities                .SPLRCU   up 0.44%
 
 (Compiled by Rajarshi Roy and Yuvraj Malik in Bengaluru)
 ((Rajarshi.Roy@thomsonreuters.com))

Recent news on Honest

See all news