Feb. 18 at 11:44 PM
Stocks to watch this Wednesday: HSY, ADI, RIOT, FVRR 🚀
Pre-market futures point higher as Wall Street gears up for a positive open, with tech stocks regaining momentum.
Here's what's moving:
Riot Platforms (RIOT) 5% early on after hedge fund Starboard Value urges strategic moves. They want Riot to close deals and boost governance, demand for their bitcoin sites remains strong.
Analog Devices (ADI) 6.6% after smashing earnings estimates. Q1 outlook expects
$3.5B revenue, well above the consensus. EPS guidance at
$2.88 beats the
$2.46 average.
Fiverr (FVRR) drops 19% after mixed Q4 results. Revenue up 3.4%, but marketplace revenue down 2.7%. Active buyers fell 13.6%, signaling a tough quarter.
Hershey's (HSY) dips slightly amid controversy. Brad Reese, grandson of Reese's creator, claims the company's degrading the iconic recipe and misleading fans.
Markets are shifting, stay sharp, stay ahead. Which stock catches your eye? Share your thoughts below.
$ADI $HSY $RIOT $FVRR