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Try the businesses making headlines in prolonged buying and selling.
Airbnb — Shares of Airbnb jumped 10% after the corporate launched fourth-quarter earnings that topped analysts’ expectations. The corporate reported earnings per share of 48 cents, larger than the estimated 25 cents, in keeping with consensus estimates from Refinitiv. Airbnb posted income of $1.90 billion, larger than the forecasted $1.86 billion.
TripAdvisor — The net journey firm’s shares gained 7% after its earnings report beat Wall Road estimates. TripAdvisor posted adjusted per-share earnings of 16 cents and income of $354 million for its fourth quarter. Analysts surveyed by Refinitiv had predicted earnings of 4 cents and income of $344 million. Viator, the corporate’s tour enterprise, grew 115% year-over-year to a fourth-quarter income of $127 million, as vacationers started to e-book experiences together with journeys.
Devon Power — The power firm’s shares fell 5% after the corporate’s disappointing fourth-quarter earnings report. Devon reported adjusted per-share earnings of $1.66, falling beneath analysts’ consensus estimate of $1.75, in keeping with Refinitiv. Income additionally got here in beneath Wall Road’s expectations.
GoDaddy — The internet hosting firm’s shares dropped greater than 1% after the corporate launched a combined quarterly earnings report. GoDaddy posted income of $1.04 billion got here in keeping with analysts’ estimates, in keeping with Refinitiv. The corporate’s per-share earnings of $0.60 got here in 2 cents beneath expectations. .
