Episode Details
Back to Episodes
DoorDash Rallies; Arm and Whirlpool Dip
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- DoorDash (DASH) is gaining in the premarket after the company gave a forecast for order value in the current period that topped analyst estimates, signaling healthy consumer demand for its services.
- Arm Holdings (ARM) is lower after the chip company reported weak fourth-quarter royalty revenue, hurt by sluggishness in the smartphone industry. Daiwa’s analyst notes that there was weaker demand for lower-end phones due to the higher memory cost.
- Whirlpool (WHR) is also dropping after the household appliance manufacturer cut its revenue forecast for the full year, missing the average analyst estimate.
- Krispy Kreme (DNUT) is a tick higher in the premarket after it reported earnings that were broadly in line with estimates and tightened its debt reduction target, signaling its recovery plan is gaining traction.
See omnystudio.com/listener for privacy information.