In this episode of Stock Movers:
Block (XYZ) shares rise. Block Inc. expects an annual gross profit of $12.3 billion, higher than its previous forecast and analyst estimates. The company anticipates growth to start showing up in the second quarter, forecasting $3 billion in gross profit, which would be up 20% compared with the year-ago period.
Progyny (PGNY) shares gain after the women’s health services company strong first quarter results helped shake off investor concerns that the macro environment would eat into the company’s business. Jefferies (buy) analyst Brian Tanquilut says “PGNY’s Q1 results underscore how investors’ fears about the impact of the macro/employment environment on fertility cycles are misguided”
Expedia (EXPE) shares tumble. Expedia left its full-year guidance unchanged. That's after the company posted quarterly revenue of $3.43 billion, up 15% from a year earlier and above the consensus estimate of $3.35 billion. The company expects healthy demand from the FIFA World Cup and forecast second-quarter revenue of $4.11 billion to $4.19 billion.

In this episode of Stock Movers: Block (XYZ) shares rise. Block Inc. expects an annual gross profit of $12.3 billion, higher than its previous forecast and analyst estimates. The company anticipates growth to start showing up in the second quarter, forecasting $3 billion in gross profit, which would be up 20% compared with the year-ago period. Progyny (PGNY) shares gain after the women&rsquo;s health services company strong first quarter results helped shake off investor concerns that the macro environment would eat into the company&rsquo;s business. Jefferies (buy) analyst Brian Tanquilut says &ldquo;PGNY&rsquo;s Q1 results underscore how investors&rsquo; fears about the impact of the macro/employment environment on fertility cycles are misguided&rdquo; Expedia (EXPE) shares tumble. Expedia left its full-year guidance unchanged. That's after the company posted quarterly revenue of $3.43 billion, up 15% from a year earlier and above the consensus estimate of $3.35 billion. The company expects healthy demand from the FIFA World Cup and forecast second-quarter revenue of $4.11 billion to $4.19 billion.

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Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Block Jumps, Progyny Gains, Expedia Tumbles as Full Year Guidance Left Unchanged

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/de9799fe-36f3-443b-9383-b44400eb22f0/transcript