Check out the companies making headlines in midday trading.
Zoom reported an adjusted 20 cents per share for the quarter, which was ahead of Street estimates of 9 cents, according to estimates from Refinitiv. Zoom also doubled its revenue guidance for the year. Shares of Zoom are up more than 225% this year.– Shares of Simon Property Group skyrocketed 14.5% to become the biggest gainer in the S&P 500 in midday trading. The biggest U.S.
Warner Music – Warner Music soared more than 15% on its first day of trading as a public company. Warner, the globe's third-largest music label, began trading under the symbol "WMG" on the Nasdaq, after pricing its offering of 77 million Class A stock at $25 per share.– Shares of the restaurant chain soared more than 18% after the company reported positive initial results for its newly reopened restaurants.
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Stocks making the biggest moves after hours: Zoom, Lyft, CrowdStrike and moreCheck out the companies making headlines after the bell.
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Uber, Lyft, DoorDash suspending service in some cities due to curfewsUber, Lyft and DoorDash have suspended operations in some cities across the United States in an effort to comply with curfew orders placed during a weekend of protests.
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Uber, Lyft, and Lime say they'll suspend services in cities where curfews are implemented - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Uber And Lyft Suspend Service In New York City During Protest CurfewIt's another city that will see service suspended due to curfews.
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Lyft Says Demand Picking Up as Covid-19 Restrictions EaseThe company said demand for rides climbed in recent weeks as people began venturing out following Covid-19 lockdowns but remains well below levels seen a year earlier.
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Stocks making the biggest moves after hours: Western Union, Coty, Moderna and moreCheck out the companies making headlines after the bell.
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