Stansberry Research

U.S. Late-Day Stock Moves: APPS, CVNA, PLUG, OSUR, FSLY

Daniel SmootStansberry NewsWire

Advances:

  • Digital Turbine (APPS) +27.6%. The company's first-quarter results and second-quarter forecast beat expectations.
  • Carvana (CVNA) +24%. CVNA's second-quarter results were better than feared.
  • Plug Power (PLUG) +17%. The company's second-quarter results and third-quarter outlook topped the consensus.
  • Vista Outdoor (VSTO) +15.6%. VSTO's first-quarter results and second-quarter guidance were better than anticipated.
  • Globus Medical (GMED) +13.7%. GMED's second-quarter results were stronger than expected.
  • HubSpot (HUBS) +11.2%. The company's second-quarter results and third-quarter revenue guidance were ahead of expectations.
  • Bright Horizons Family Solutions (BFAM) +9.6%. The company's second-quarter results beat estimates.
  • GoDaddy (GDDY) +5.7%. The company's second-quarter results and third-quarter outlook topped expectations.
  • Bausch Health Companies (BHC) +4.6%. BHC said it will create a spin-off business of its eye health division and make it an independent publicly traded entity.
  • ViacomCBS (VIAC) +3.3%. VIAC's second-quarter results were stronger than anticipated.
  • Fiserv (FISV) +2.6%. FISV's second-quarter results were better than anticipated and the company sees its positive momentum continuing into the second half of 2020.

Declines:

  • OraSure Technologies (OSUR) -35.1%. The company's second-quarter results disappointed.
  • Fastly (FSLY) -17.3%. FSLY's second-quarter results were positive, but the potential ban of TikTok in the U.S. has some analysts cautious in regard to the stock.
  • Western Digital (WDC) -15.9%. The company's first-quarter guidance was lower than anticipated.
  • ResMed (RMD) -13.7%. RMD noted there are headwinds from lower patient numbers. It was also downgraded by Goldman Sachs (GS).
  • Becton Dickinson (BDX) -9%. The company's third-quarter revenue and the full-year forecast were lower than expected.
  • Corteva (CTVA) -8.5%. The company's second-quarter earnings before interest, taxes, depreciation, and amortization as well as its full-year 2020 guidance disappointed.
  • Lincoln National (LNC) -8.1%. The company's second-quarter results were lower than anticipated.
  • Roku (ROKU) -7.9%. Despite its second-quarter earnings beat, the company said much uncertainty remains well into 2021.
  • Dentsply Sirona (XRAY) -7.4%. XRAY's second-quarter results missed estimates.
  • ADT (ADT) -6.3%. ADT's earnings missed estimates.