Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Cerebras (CBRS) is lower after the company projected slower growth than some investors anticipated, causing its shares to fall in premarket trading.
- Cisco (CSCO) is also on a downward trend after the company issued its quarterly results and AI revenue forecast, despite the company's outlook for sales and profit in the first quarter topping analysts' estimates.
- StubHub (STUB) shares are dropping after the company reported earnings per share for the second quarter that missed the average analyst estimate.
- Tapestry birk(TPR) and Birkenstock (BIRK) are also moving this morning as investors react to earnings.