U.S. Stock to Watch: Trade Desk, Atlassian, Airbnb, Under Armour

Dow Jones08-07 17:11

Friday, August 7, Trade Desk (TTD): Shares in the advertising technology company fell 27% in pre-market trading after it reported lower-than-expected quarterly revenue.

Atlassian Corporation PLC: Shares in the software company behind Jira and Confluence shot up 29% premarket following a revenue beat powered by accelerated growth in its cloud business.

Airbnb $(ABNB)$: The short-term rental company raised its full-year revenue forecast, citing growth in demand as it uses AI to improve its platform. Shares gained 7% premarket.

Maplebear $(CART)$: The company behind Instacart jumped 12% in premarket trading after posting higher revenue, boosted by higher order volume.

Sweetgreen $(SG)$: Shares fell 16% premarket after the salad chain said its second-quarter loss widened and it lowered its outlook as the cyclosporiasis outbreak weighs on demand.

Under Armour $(UAA)$, Wendy's $(WEN)$, Vistra (VST), Take-Two $(TTWO)$: The companies are among the names set to report earnings ahead of the opening bell.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment