Stocks making the biggest moves midday: Atlassian, Apple, Roblox, Reddit, Twilio & more

CNBC Top News ·

Stocks making the biggest moves midday: Atlassian, Apple, Roblox, Reddit, Twilio & more

Here are the stocks making headlines in midday trading. Atlassian — Shares of the workplace collaboration software company soared 23% after Atlassian unveiled rosy guidance for the full year. …

Here are the stocks making headlines in midday trading. Atlassian — Shares of the workplace collaboration software company soared 23% after Atlassian unveiled rosy guidance for the full year. The company sees revenue growth of about 24% from the prior year versus its earlier call for growth of 22%. The outlook also surpassed the FactSet consensus estimate of a 22.2% increase. Top- and bottom-line results in the third quarter also beat the Street. nVent Electric — The electrical connection and protection provider for data centers and energy storage jumped 11% to an all-time high. First-quarter earnings per share excluding one-time items and revenue topped Wall Street analysts' highest estimates, as did raised full year EPS ex-items guidance. Revenue for the year was forecast at 26% to 28% growth versus a consensus 18%, according to FactSet data. Cboe Global Markets — Shares popped 9% after the company announced plans to lay off about 20% of its workforce. First-quarter results also surpassed estimates, with adjusted earnings coming in at $3.70 per share on revenue of $728.9 million. The FactSet consensus sought $3.34 per share and $499.5 million. Apple — Shares were up 4%. For the fiscal second quarter , Apple's earnings came in at $2.01 per share, while revenue landed at $111.18 billion. This beat the earnings of $1.95 a share and $109.66 billion in revenue analysts were looking for, per LSEG. …

Original source: CNBC Top News

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