Midday stock movers: Planet Fitness, Whirlpool, Vital Farms, Shake Shack and more
Midday trading stocks swing on earnings and outlook updates, from sharp losses to gains. See which names moved most and why investors reacted to the latest quarterly results.
Several companies saw sharp share price moves in midday trading on Thursday as investors reacted to quarterly earnings, outlook changes, and revenue results.
Planet Fitness fell nearly 33% after cutting its fullyear earnings outlook, while Vital Farms dropped 20% following an unexpected firstquarter loss and a lower profit forecast. Shake Shack slid 29% after missing earnings expectations and reporting an operating loss, and Whirlpool lost 12% after reducing its fullyear guidance.
Among the bigger gainers, Datadog rose 28% after beating firstquarter estimates and issuing stronger revenue guidance for the next quarter. AAON jumped 40% after reporting betterthanexpected results and raising its fullyear revenue outlook. Other notable movers included Fortinet, which climbed 20% after lifting its billings forecast, and Fastly, which fell 39% after guidance disappointed investors.