Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Moderna (MRNA) shares are gaining after the vaccinemaker boosted its revenue growth guidance for the full year. The firm also posted revenue for the third quarter that beat the average analyst estimate.
- Airbnb (ABNB) shares are moving after CEO Brian Chesky said his company is back in “growth mode” after it posted the fastest revenue gain in three years. 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%.
- DraftKings (DKNG) shares are sinking after the sports-betting company’s 2027 adjusted Ebitda forecast missed the average analyst estimate. The company also cut its outlook for the current fiscal year, though Wall Street widely expected the reduction.
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