Stocks Making Waves on Friday
Applied Materials Inc. (AMAT) surged by $16.33 to reach $203.99 after the chipmaking equipment manufacturer provided a robust earnings forecast for the current quarter.
DoorDash Inc. (DASH) experienced a drop of $11.58, landing at $114.69, as the delivery app’s fourth-quarter loss exceeded Wall Street’s expectations.
Coinbase Global Inc. (COIN) rose by $25.87 to $191.54 after the cryptocurrency exchange surpassed analysts’ fourth-quarter earnings and revenue predictions.
Ingersoll Rand Inc. (IR) saw a $2.90 increase to $90.70 following an optimistic earnings forecast by the maker of flow control and compression equipment.
Bloom Energy Corp. (BE) declined by $2.23, closing at $9.74, as the fuel cell systems developer projected weak revenue for the year.
Treehouse Foods Inc. (THS) dropped $6.49 to $36.25 after the food maker’s fourth-quarter financial results fell below analysts’ forecasts.
Trade Desk Inc. (TTD) climbed by $14.90 to $90.61 as the digital advertising platform provided a promising revenue forecast to investors.
Toast Inc. (TOST) rose by $3.17, reaching $22.37, after the restaurant software provider announced a restructuring plan.