Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Super Micro Computer (SMCI) shares jumped after the company issued a business update that included raising its fourth-quarter gross margins outlook and saying the backlog was at a record.
- AT&T (T) is gaining after the telecom company reported second-quarter results that beat expectations on key metrics, including wireless postpaid phone net adds and adjusted earnings.
- Rocket Lab (RKLB) shares are rising after the company was awarded a $266 million defense contract for suborbital launch.
- GE Veronva (GEV) is lower this morning with a higher full-year revenue outlook falling flat with investors after a rally that had pushed the shares up 65% this year through Tuesday. The company is still facing weakness in its wind unit.