Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Sweetgreen (SG) cut its annual outlook after warning that diners are eating less fresh prepared foods following the cyclospora outbreak. The company now expects comparable sales to plummet as much as 8% this year, due to reduced consumer demand for fresh prepared foods. Sweetgreen shares fell more than 15% in postmarket trading in New York, after the company reported a decline in sales at established locations

- Figma (FIG) Chief Executive Officer Dylan Field forfeited about $46 million in company stock awards to revive investor confidence in the face of AI disruption fears. The forfeiture was voluntary and no replacement awards were issued, with Field set to receive about 2.4 million shares of Class B stock on July 1. Figma's stock price has declined about 77% from its high of $122 just after Figma's initial public offering more than a year ago

- Hertz (HTZ) shares jump as much as 40% Thursday. The stock is on pace for its biggest single-day rally since November

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Carol Massar and Tim Stenovec
A roundup of some earnings after the bell, including: Instacart, Akamai,, Airbnb, Lyft, Sweetgreen, Twilio

- Airbnb (ABNB) boosted its annual revenue forecast after seeing robust global travel demand, particularly in the US and Europe. The company now sees annual revenue growth improving by a percentage of “at least mid teens” and boosted its full-year margin forecast for adjusted earnings. Airbnb’s optimistic outlook suggests that travel demand remains healthy, with overall nights and seats booked jumping 10% to 148.3 million in the second quarter.

- Lyft (LYFT) posted second-quarter bookings that beat expectations, citing growing demand for premium rides and strength in the European business it acquired last year. Gross bookings totaled $5.5 billion for the three months ended June 30, up 23% from a year earlier, and topped the $5.37 billion average of analyst estimates. Lyft expects the momentum to continue for the rest of the year, projecting that North American rideshare volume will grow at a faster clip in the second half of the year than in the first.

- Sweetgreen (SG) cut its annual outlook after warning that diners are eating less fresh prepared foods following the cyclospora outbreak. The company now expects comparable sales to plummet as much as 8% this year, due to reduced consumer demand for fresh prepared foods. Sweetgreen shares fell more than 15% in postmarket trading in New York, after the company reported a decline in sales at established locations

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:

- Sandisk (SNDK)’s high flying stock tumbled back to Earth last month. And after earnings, its stock continued to trade lower. The computer hardware company’s revenue forecast for the first quarter missed the average analyst estimate. Analysts note that the current quarter outlook was soft but they are positive about the business transitioning to a more durable operation.

- Datadog (DDOG) is falling after the software company posted an adjusted gross margin for the second quarter that trailed the average analyst estimate.

- Honeywell Aerospace (HONA) shares plunged after an unexpected reduction in its outlook startled investors just weeks after the supplier began operating as an independent company. Supply chain issues will keep sales growth to 4-5% this year on an organic basis, roughly half of its prior forecast. Honeywell Aerospace also now says adjusted earnings before interest and taxes may not increase at all this year on a pro forma basis; it previously saw as much as 10% growth.

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On this episode of Stock Movers:

-Celsius Holdings Inc. (CELH) shares tumbled after the energy drink maker’s second-quarter revenue missed expectations as competition hurt sales of its namesake brand. The company’s revenue grew 11% to $817.9 million from a year earlier, missing the $872.6 million average estimate, and revenue for the Celsius line fell 12%.

-SoundHound (SOUN) shares soar after the software company reported better-than-expected second-quarter revenue. D.A. Davidson analyst Gil Luria says the company “reported a strong quarter delivering revenue well ahead of expectations.”

-MetLife (MET) shares jump after second-quarter earnings surpassed Wall Street’s expectations. They were boosted by strong underwriting, volume growth and the success of a five-year plan outlined in late 2024. Adjusted earnings per share climbed about 20% to $2.43 from a year ago, exceeding the $2.30 average estimate of analysts surveyed by Bloomberg. Net investment income rose 18% to $6.7 billion, MetLife said in a statement Wednesday.

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On this episode of Stock Movers:

- Moderna (MRNA) shares drop. Moderna Inc. won US regulatory approval for a flu vaccine based on mRNA technology, called mFlusiva, for adults aged 50 and over. The immunization received a traditional approval for patients between the ages of 50 and 64, and an accelerated approval for those 65 and older. A post-marketing clinical trial will be required to confirm the vaccine’s benefit in people 65 and over, and supply is expected to be available in select retailers in the coming weeks.

- DoorDash (DASH) shares rise. DoorDash issued a profit forecast that topped analysts’ expectations, citing a boom in paying subscribers who tend to order takeout and groceries more frequently than non-members. Adjusted earnings before interest, taxes, depreciation and amortization will be $950 million to $1.1 billion in the quarter ending in September, with the midpoint of that range well above the average Bloomberg-compiled analyst estimate.

- Honeywell Aerospace Inc. (HONA) shares plunged after an unexpected reduction in its outlook startled investors. Supply chain issues will keep sales growth to 4-5% this year on an organic basis, roughly half of its prior forecast. Honeywell Aerospace also now says adjusted earnings before interest and taxes may not increase at all this year on a pro forma basis; it previously saw as much as 10% growth.

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Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Peloton (PTON) is sliding as the exercise equipment maker saw an acceleration in cancellations — or “churn” — in paid connected fitness subscriptions during its fourth quarter, and gave revenue guidance for both the first quarter and fiscal 2027 that trailed Street expectations. 

- Zillow (Z) shares are dropping as the online real estate platform provided revenue forecast for the third quarter that missed the average analyst estimate. 

- Six Flags (FUN) dropped after the water park operator reported net revenue for the second quarter that missed the average analyst estimate.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Western Digital Corp (WDC) shares are dropping after the computer hardware and storage company forecast revenue for the first quarter that missed the average analyst estimate at the midpoint. Analysts note the company’s performance lags that of peer Seagate.
- Sandisk (SNDK) share are falling after the computer hardware company’s revenue forecast for the first quarter missed the average analyst estimate. Analysts note that the current quarter outlook was soft but they are positive about the business transitioning to a more durable operation.
- Diageo (DGE) shares are moving after CEO Dave Lewis forecast a return to growth and laid out a significant cost-savings program as he forges ahead with his plan to overhaul the British distiller.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- WPP shares soar as much as 30% after it reported first-half profits that beat analysts’ estimates, driven by the advertising agency’s cost-cutting efforts in a sluggish market.
- Rheinmetall shares fell slightly after it cut its sales forecast for this year as Germany’s biggest defense company deals with the fallout of losing a German naval contract worth several billion euros.
- Medicover shares rise after KKR & Co. agreed to acquire the Swedish company’s Indian hospital operations as the private equity firm seeks to expand its health-care investments in the world’s most populous country.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- WPP Plc reported first-half profits that beat analysts’ estimates, driven by the advertising agency’s cost-cutting efforts in a sluggish market.
- Glanbia shares jump as much as 9.1%, their biggest jump in over three months, after the nutrition company delivered earnings ahead of expectations in the first half and improved its guidance for the full year, which analysts expect to lift consensus.
- Siemens disappointed investors hoping that it would show a bigger benefit from a surge in data center spending that prompted a second increase in its earnings outlook this year.

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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kioxia’s shares rose as much as 12% in Tokyo after the memory chipmaker announced a share buyback and analysts said the outlook for demand is positive.
- HSBC shares dropped after a report that China is expanding its personal income tax to include any returns from insurance policies in Hong Kong.
- MiniMax, Luxshare and CCTC are added to the universe of Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect effective Thursday, according to statements. MiniMax rises as much as 12% in Hong Kong, extending its two-day rally to more than 20%

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