Cerebras Tumbles, Stubhub Drops, Birkenstock Rallies on Solid Sandal Demand
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Cerebras (CBRS) shares slid after the company projected slower growth than some investors anticipated. Revenue will be about $215 million in the current quarter, which topped the $212 million average estimate but was below some predictions. The company's cloud division revenue nearly quadrupled to $127.7 million on a core basis, eclipsing its hardware business, which sells computers outfitted with its chips.- Stubhub (STUB) shares drop. The ticketing company reported earnings per share for the second…
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