Connect with us


Twitter, Affirm, Robinhood and more




Traders work on the floor of the New York Stock Exchange.


Find out which companies are making headlines in the midday business.

The social media platform’s Twitter shares fell 9.7% after Elon Musks said his privatization deal was on hold until he received more information about the number of fake accounts on Twitter. Still, Musk said he was “still committed to the acquisition.”

Affirm Shares of the buy now, pay later lender jumped 31.4% after Affirm beat expectations for its fiscal third quarter. The company reported a loss of 19 cents per share on $355 million in revenue. Analysts polled by Refinitiv had forecast a loss of 51 cents per share on $344 million in revenue. Affirm also announced a multi-year extension of its partnership with Shopify.

Shares of investment app Robinhood jumped 24.9% on Friday after crypto exchange FTX CEO Sam Bankman-Fried took a 7.6% stake in Robinhood for $648 million. dollars after the stock hit an all-time low this week. His new position makes him the company’s third largest shareholder.

Shares of Duolingo jumped 34% after the language software company reported better-than-expected quarterly earnings and revenue. Duolingo released an upbeat quarterly revenue forecast and reported a record number of active users.

Figs shares Figs fell 25% on disappointing quarterly results. The healthcare apparel maker posted earnings of 5 cents a share on revenue of $110.1 million. Analysts had expected earnings of 6 cents per share on sales of $117.3 million, according to StreetAccount. The company also released weaker-than-expected revenue guidance for the year.

Krispy Kreme shares of the donut chain jumped 10.4% after an upgrade from HSBC. “We expect higher prices and higher scale resulting from aggressive hotspot expansion will keep earnings guidance on track,” HSBC said.

Toast Shares of Toast rose 4.9% after the restaurant technology and payments platform reported a loss for its latest quarter that was lower than expected by Wall Street analysts. The company also released an upbeat revenue forecast for the year.

Poshmark Poshmark rose 23.9% after the company reported a quarterly loss of 18 cents per share. Wall Street analysts had expected a loss of 22 cents per share, according to Refinitiv. Revenue for the quarter of $90.9 million also beat estimates of $87.5 million.

The Honest Company Shares of The Honest Company rose 8.2% after the maker of personal care and household products reported a quarterly loss and revenue in line with analysts’ expectations. The company also reiterated its full-year revenue guidance.

Shares of the automaker’s Ford Motor rose 8.5% after Morgan Stanley upgraded the stock to equal weight from underweight, saying the market is undervaluing parts of the car’s business the company.

CNBC’s Jesse Pound, Sarah Min, Yun Li and Hannah Miao contributed reporting




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]