Honeywell - Shares of the conglomerate fell more than 7% to hit a new 52-week low after a quarterly revenue miss due to supply chain issues and other factors. Honeywell also reported adjusted quarterly earnings of $2.09 per share, beating estimates by a penny, according to Refinitiv.Īlign Technology - The dental products stock shed less than 1% after beating estimates for earnings and revenue. DXC also said that it planned to spend $1 billion on stock buybacks over the next year. The company beat estimates for earnings and revenue, but the company's full-year guidance fell short of expectations, according to FactSet's StreetAccount.ĭXC Technology - The information technology stock surged more than 13% after the company delivered a slight earnings beat for its fiscal third quarter. Merck - The pharmaceutical stock dropped more than 3% after Merck's fourth-quarter earnings report. T-Mobile did miss revenue estimates for the fourth quarter, however. The company said it expects free cash flow to grow about 30% year over year in 2022. T-Mobile - Shares of the telecom company jumped nearly 10% after the company issued rosy guidance. Pinterest lost 10%, and Twitter fell about 5.6%. Pinterest, Snap, Twitter - Shares of social media companies fell after Facebook-parent Meta Platforms reported lower-than-expected users in the fourth quarter. ![]() ![]() The company did report higher revenue and a smaller loss per share than expected for the fourth quarter, but it's also embroiled in a controversy over its exclusive relationship with podcast host Joe Rogan. Spotify said it expected 418 million active users for the first quarter, roughly in-line with estimates according to FactSet's StreetAccount. Spotify - The music streaming stock dropped more than 16% after its user growth guidance for the first quarter failed to impress Wall Street.
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