Here are some of Tuesday’s bigger, more-active movers:
Stock gainers:
Upwork Inc.’s
UPWK,
stock surged 21% as the company reported a big beat on earnings after losing money in the same quarter a year ago.
Shares of Enovix Corp.
ENVX,
rallied 15% on Tuesday after the lithium-ion battery maker forecast fourth-quarter sales that were above expectations.
Rivian Automotive Inc. shares
RIVN,
jumped 7% as the EV maker narrowed its quarterly loss and said it ended an exclusivity deal with Amazon.com Inc. for its last-mile electric delivery vans.
Shares in Take-Two Interactive Software Inc.
TTWO,
jumped 8% following a report in Bloomberg News the video game company could announce the release of a new Grand Theft Auto game as early as next week.
Stock decliners:
Sleep Number Corp.‘s stock
SNBR,
fell 30% after the retailer and mattress maker swung to a surprise quarterly loss, predicted a loss for the full year and said it reached an agreement with a shareholder that had been pushing for change.
Vroom Inc.
VRM,
share plunged 12% after the used car seller said its losses widened in the third-quarter.
Shares of Robinhood Markets Inc.
HOOD,
fell 7% after the trading app reported quarterly revenues that missed expectations.
Shares of Ebay Inc.
EBAY,
dropped 7% after the online marketplace offered a tepid revenue forecast for the holiday quarter amid intensifying competition from Amazon.com Inc.
AMZN,
and others.
Digital-marketing platform Klaviyo Inc.
KVYO,
fell 6% as third-quarter losses swelled and its fourth-quarter sales forecast came up short of Wall Street’s estimates.
This post was originally published on Market Watch
