Block Rises, Pinterest Slumps, Trade Desk Drops after Earnings
On this episode of Stock Movers:
- Block (XYZ) shares rise after the company beat estimates and raised its full-year profit guidance. JPMorgan said the quarter was “impressive.”
- Pinterest (PINS) shares slump after the search and discovery company reported adjusted second-quarter earnings that missed expectations.
- Trade Desk (TTD) shares drop after the advertising technology company reported second-quarter results that spurred multiple downgrades. Firms note growing concerns about competition from Amazon.
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