Stocks making the biggest moves midday: Tesla, Facebook, Dunkin' Brands, Boeing, Moderna & more [CNBC]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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US:NASDAQ Investor Relations:
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Source: CNBC
Check out the companies making headlines in midday trading. Tesla – Shares jumped 3% after the company posted a profit for the third straight quarter . In the first quarter, the company earned $1.24 per share, ex-items, on $5.99 billion in revenue. Wall Street was expecting an adjusted loss of 36 cents per share and revenue of $5.9 billion for the first quarter, according to a survey of analysts by Refinitiv. Facebook — Facebook shares rose 5.4% in midday trading after the social media giant reported that it's seen sales stabilize in the first three weeks of April after a "significant" pullback in advertising revenues in March thanks to Covid-19. Analysts, including RBC Capital Markets' Mark Mahaney, found the results better than feared and that the top-line figure bodes well for future business. Facebook reported first-quarter per-share earnings of $1.71 and revenues of $17.74 billion. Microsoft — The software stock rose 0.75% Thursday after Microsoft reported fiscal third-quarte
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