Movers & Shakers: Uber, Datadog stocks gain, Air Products shares lead S&P 500 losers and other stocks on the move

by | Nov 7, 2023 | Stock Market

Here are some of the Tuesday’s bigger, more-active movers: Stock gainers: Uber Technologies Inc. shares
advanced more than 1% in active morning trading after the ride-hailing giant swung to a third-quarter profit that beat expectations, while revenue came up short.

Shares of Planet Fitness Inc.
ran up 13% toward their best day in three years after the operator of fitness centers beat third-quarter earnings expectations, but said it was considering raising prices on classic memberships for the first time in 30 years. D.R. Horton Inc.’s stock
got a 3% boost after the homebuilder’s fiscal fourth-quarter results fell, as it dealt with continued higher mortgage rates and inflationary pressures, but beat Wall Street forecasts. Datadog Inc. shares
powered up 29%, which put them on track for a record one-day gain, after the analytics software company beat third-quarter profit and revenue expectations and provided an upbeat fourth-quarter outlook. The results helped boost the shares of Datadog peers ahead of their earnings. Shares of Snowflake Inc.
shot up 12%, of MongoDB Inc.
hiked up 15% and of Elastic NV
climbed 7.7%. Shares of Tripadvisor Inc.
jumped 8% after the online travel platform blew past Wall Street expectations for its quarterly profit and sales, with revenue jumping 16%. TransMedics Group Inc. shares
rocketed 53% after the company beat third-quarter revenue expectations and raised its full-year outlook, reflecting growing demand for its org …

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