Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Kailey Leinz, Carol Massar and Tim Stenovec.
- Akamai (AKAM) cut its revenue guidance for the full year; the guidance missed the average analyst estimate. For the year forecast, the company sees revenue $4.44 billion to $4.47 billion, saw $4.45 billion to $4.53 billion, and estimate $4.49 billion. Shares fell in postmarket trading.
- Airbnb (ABNB) is back in “growth mode” after posting the fastest revenue gain in three years and boosting full-year guidance for a third time. Third-quarter revenue grew 19% to $4.87 billion, exceeding the highest estimate compiled by Bloomberg, thanks to resilient travel demand and other product features. The company now expects full-year revenue to grow in the “high teens” and lifted its full-year margin forecast for adjusted earnings before interest, taxes, depreciation and amortization to about 36%. Airbnb shares fell in extended trading.
- Sweetgreen (SG) said sales are recovering after a cyclospora outbreak scared diners off leafy greens. The salad chain now sees comparable sales falling about 5.5% in 2026, compared with the previous outlook for a decline of as much as 8%. October comparable sales rose 5%, mostly driven by higher traffic, after a 6.4% decline in the third quarter.
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