Wayfair Surges, Palantir Jumps, Spotify Dips as MAU, Operating Income Forecast Miss
On this episode of Stock Movers:-Wayfair (W) shares jump after the furniture retailer gave third-quarter guidance during its earnings call. The company said it expects high single-digit revenue growth in the current quarter, and sees adjusted Ebitda margin of 6% to 7%. Short interest is 14% of float, according to data from S3 Partners.-Palantir (PLTR) shares jumped after the company boosted full-year revenue and income forecasts and described commercial demand for its data analytics tools as “otherworldly.” Palantir Chief Executive Officer Alex Karp said US commercial sales in the…
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