Check out the companies that are trending in intraday trading.
Uber — Uber stock rose 11% to a 52-week high after the ride-hailing company announced its first $7 billion share buyback authorization program. Uber also said it expects total booking growth to be in the mid-to-high teens over the next three years.
lift — Shares of the ride-hailing platform rose 31% after the company posted adjusted earnings of 18 cents per share in the fourth quarter, which beat the LSEG consensus estimate for earnings of 8 cents per share. Ta. Lyft reported revenue of $1.22 billion, which was in line with analyst expectations.
IQVIA Holdings — The health tech company saw its stock price rise 10% after posting fourth-quarter earnings of $2.84 per share excluding items, according to FactSet. Analysts expected it to be $2.82. Revenue for the quarter was $3.87 billion, slightly above expectations of $3.8 billion.
Charles River Institute — The drugmaker rose 9% on fourth-quarter adjusted earnings of $2.46 per share, beating analysts’ expectations of $2.40 per share, according to FactSet. Charles River had revenue of $1.01 billion, compared to analysts’ expectations of $991.3 million. The high end of the company’s full-year earnings per share forecast of $11.40 also exceeded expectations of $10.83 per share.
davita — The healthcare company rose 7% after posting strong gains in sales and bottom line. On Tuesday, DaVita posted his earnings of $1.87 per share, excluding items, on sales of $3.15 billion. Analysts polled by FactSet had expected earnings of $1.63 per share and revenue of $3.01 billion.
robinhood market — The trading platform’s stock rose 9% after the company posted unexpected profits and sales. Robinhood posted a profit of 3 cents per share, while analysts had expected a loss of 1 cent per share, according to LSEG. Sales totaled $471 million, exceeding analysts’ expectations of $457 million.
Jiro — Shares rose more than 6% after Real Estate Market reported adjusted earnings of 20 cents per share on revenue of $474 million. Zillow beat analyst estimates of 12 cents per share and revenue of $452 million, according to LSEG.
Cryptocurrency stocks — Stocks whose performance is tied to the price of Bitcoin soared after the cryptocurrency soared to its highest in more than two years and regained $1 trillion in market cap.trading platform coinbase Bitcoin agency rises about 13% micro strategy Added 10%.miner iris energy It jumped nearly 15%, clean spark It soared 9%. marathon digital and riot platform Each added more than 10%.
top golf callaway — LSEG said after the sporting goods company posted a narrower-than-expected fourth-quarter adjusted loss of 30 cents per share, compared with a loss of 33 cents per share expected by analysts. Shares have risen 6% since midday. Sales of $897 million exceeded analysts’ expectations of $866 million.
Akamai Technologies — Shares fell 8% after the cloud platform provider missed analysts’ expectations for fourth-quarter revenue. Akamai reported $995 million, while analysts surveyed by LSEG expected $998 million. The company’s other segment earnings, excluding items, were $1.69 per share, beating analysts’ expectations of $1.60 per share.
MGM Resorts International — Shares fell 8% even though the company’s fourth-quarter results beat expectations. The company reported higher profits and sales in the fourth quarter. The company’s China and Macau divisions easily beat expectations, but its U.S. regional casino division suffered from the impact of the Detroit strike and labor costs.
Kraft Heinz — Food stocks fell more than 6% after fourth-quarter sales fell short of expectations. According to LSEG, Kraft Heinz reported sales of $6.86 billion, compared to analysts’ expectations of $6.99 billion. The company’s adjusted earnings per share were 78 cents, beating analyst estimates by 1 cent.
airbnb — Shares fell about 3% even though the vacation property rental platform posted strong fourth-quarter revenue. Airbnb reported a loss of 55 cents per share, according to LSEG, but it was not immediately clear how that compared to the 62 cents per share profit that analysts expected. Ta. Airbnb also warned that tough comparisons would put pressure on the number of nights booked in the first quarter.
hasbro — The toy maker rose nearly 3%, recovering from losses during Tuesday’s trading. Hasbro’s stock price fell after its fourth-quarter earnings and sales fell short of analysts’ expectations. The company also announced a lower-than-expected outlook for full-year earnings.
—CNBC’s Hakyung Kim, Alex Harring, Jesse Pound, Pia Singh and Michelle Fox contributed reporting.
