Here are some of the day’s biggest movers:
Stock gainers:
Intel Corp.‘s stock
INTC,
+9.29%
jumped 10.7% after the chipmaker beat expectations for its third quarter and delivered an upbeat forecast for the current quarter.
Amazon.com Inc.
AMZN,
+6.83%
shares rose 7.1% after the e-commerce giant delivered a massive earnings beat.
Shares of Decker Outdoors Corp.
DECK,
+18.94%
rallied 16.2% after the maker of Ugg boots and Hoka sneakers reported fiscal second-quarter results that sailed past Wall Street expectations, saying demand for its products continued to be strong.
Shares of DexCom Inc.
DXCM,
+10.11%
rallied by 8% after the maker of glucose-monitoring systems reported quarterly profit that beat expectations by a wide margin, and boosted its revenue outlook.
Chipotle Mexican Grill Inc.‘s stock
CMG,
+4.49%
rose 5.7% after the company reported better-than-expected third-quarter earnings.
Capital One Financial Corp.‘s stock
COF,
+9.19%
was up 10% on Friday, a day after the credit card company’s third-quarter earnings of $4.45 a share handily beat the FactSet consensus estimate of $3.24 a share. Revenue of $9.37 billion also beat the analyst view of $9.21 billion.
Stock decliners:
GSI Technology Inc.‘s stock
GSIT,
-18.26%
dropped 5.8% after the memory specialist reported its 12th straight quarterly loss.
Shares in NatWest Group Plc
NWG,
-12.99%
fell 11.7% after the British bank cut its outlook and admitted “serious failings” in its dealings with Brexit campaigner Nigel Farage.
Sanofi shares
SNY,
-19.13%
plunged 17% after the French pharmaceutical company issued a profit warning due to higher taxes and higher investments in research and development.
Shares of Ford Motor Co.
F,
-12.25%
dropped 8.6% after the automaker withdrew guidance, citing the pending agreement with the United Auto Workers, and revealed a $1.3 billion loss for its EV unit.
Enphase Energy Inc.‘s
ENPH,
-14.65%
stock tanked 14% after the maker of batteries and other solar-power components missed quarterly revenue expectations and provided a current-quarter outlook that was well below forecasts.
Charter Communications Inc.‘s stock
CHTR,
-9.65%
fell 5% after it said it added fewer internet subscribers than expected in the third quarter.
Read the full article here