Carvana Rockets, Qualcomm Likely To Be Strong; DoorDash and Etsy Under Pressure
02 Maio 2024 - 10:11AM
IH Market News
Shares of Carvana (NYSE:CVNA) are skyrocketing in pre-market
trading after the used car retailer reported record first quarter
net income on better than expected revenues.
Chipmaker Qualcomm (NASDAQ:QCOM) is also likely to see initial
strength after reporting fiscal second quarter earnings that
exceeded estimates and providing upbeat revenue guidance.
Meanwhile, shares of DoorDash (NASDAQ:DASH) may come under
pressure after the food delivery company reported a wider than
expected first quarter loss.
Online marketplace Etsy (NASDAQ:ETSY) is also seeing significant
pre-market weakness after reporting disappointing first quarter
results.
QUALCOMM (NASDAQ:QCOM)
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