Stocks Making Significant Moves Midday: IES Holdings, GoDaddy, and Others
Several stocks experienced notable price movements midday due to earnings reports, guidance updates, or other key developments. IES Holdings surged over 30% after reporting better-than-expected quarterly results and announcing a stock split. In contrast, GoDaddy's shares fell nearly 20%, despite in-line full-year free cash flow forecasts, as its latest quarter’s performance missed expectations. Other significant movers included Newell Brands, which rose 11% following an upward revision of its earnings guidance, and SPX Technologies, up 14% after strong second-quarter results. Veracyte dropped 24%, despite beating estimates and raising revenue forecasts, while Replimune Group soared over 94% on positive FDA advisory panel feedback for one of its drug trials. Energy stocks showed mixed performance: Chevron rose nearly 2% with a record net income, but ExxonMobil fell slightly after missing earnings expectations. Amazon shares jumped 15%, driven by strong cloud growth and revenue, while Apple dropped over 9% despite beating sales forecasts.
Tickers: $AAPL $AMZN $COIN $CVX $GDDY $MRNA $NWL $REPL $SPXT $VCYT $XOM
Topics: earnings reports guidance updates market reactions stocks