Wayfair Surges, Palantir Jumps, Spotify Dips as MAU, Operating Income Forecast Miss
On this episode of Stock Movers:- Wayfair (W) shares jumped 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%.- McDonald's (MCD) is rising after the fast-food chain reported comparable sales for the second quarter that are slightly below the sell-side consensus estimate, while adjusted EPS was ahead. It also named Skye Anderson as president of its US business, replacing Joe Erlinger. Anderson has worked at McDonald’s for nearly…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.