Stocks making the biggest moves midday: Blackstone, DiDi, Netgear and more

stocks making the biggest moves midday blackstone didi netgear and more

Sumary of Stocks making the biggest moves midday: Blackstone, DiDi, Netgear and more:

  • China is conducting a cybersecurity review on the company after alleging that Didi had illegally collected users’ data.
  • The company reported 82 cents in earnings per share on $2.12 billion in revenue, with total assets under management rising 21% year over year.
  • Analysts surveyed Refinitiv were looking for 78 cents in earnings per share and $1.84 billion in revenue.
  • Excluding special items, the airline posted a wider loss than analysts expected.
  • Netgear – Shares of the computer equipment maker tumbled more than 10% after the company reported lower than expected sales and revenue for its latest quarter.
  • The company also gave guidance that fell short of analyst forecasts.
  • Crocs — Shares of Crocs jumped over 5% after the shoemaker reported blowout second-quarter earnings.
  • The company posted quarterly adjusted earnings of $2.23 earnings per share versus $1.60 expected, according to Refinitiv.

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