economy
Stocks making the biggest moves midday: Atlassian, Apple, Roblox, Reddit, Twilio & more
Here are the stocks making headlines in midday trading.
TL;DR
- Atlassian shares jumped 23% on strong full-year revenue growth guidance.
- nVent Electric reached an all-time high, with first-quarter results and raised full-year guidance surpassing estimates.
- Cboe Global Markets saw shares pop 9% after announcing layoffs and strong first-quarter results.
- Apple's stock rose 4% despite iPhone sales missing estimates.
- Roku shares popped 4% after beating first-quarter revenue and adjusted EBITDA expectations.
- Estée Lauder's stock rose nearly 4% on better-than-expected sales and an raised annual forecast, alongside job cut plans.
- Amgen shares slipped almost 6% after only slightly increasing its full-year forecast.
- Rivian tumbled 7% despite a better-than-expected first quarter.
- Reddit's stock jumped nearly 13% on narrowly beating daily active user estimates and strong current quarter adjusted EBITDA outlook.
- Roblox shares tanked 17% after slashing its full-year bookings guidance.
- Paramount Skydance shares jumped 8% after a double upgrade from Morgan Stanley.
- Twilio surged 20% after reporting first-quarter results that beat analyst estimates and forecasting strong current quarter revenue.
- Clorox stock tumbled 9% due to concerns over a cut to its full-year profit outlook.
- Dexcom shares added 2% following better-than-expected first-quarter earnings.
- Veeva Systems shares popped nearly 11% upon announcement of its inclusion in the S&P 500.