Youtube
· Bloomberg Podcasts
· finance
Bloomberg Podcasts · Weekly Roundup: SpaceX's Big Week, Palantir Soars, The Trade Desk Drops | Stock Movers
- 1. SpaceX shares jumped nearly 23% this week, closing just below its $135 IPO price at $133 and change, marking a swift reversal after shedding over a trillion dollars in market value from its post-IPO high.
- 2. Honeywell Aerospace shares plunged 18.5% this week after the company unexpectedly cut its sales growth outlook to 4-5% on an organic basis, roughly half its prior forecast.
- 3. Palantir shares surged nearly 40% this week, the most in over two years, after the company raised its full-year revenue and income forecasts, citing 'otherworldly' commercial demand for its data analytics tools.
- 4. The Trade Desk, an advertising tech firm, fell 23.5% this week after its second-quarter earnings and third-quarter revenue forecast missed analyst estimates, leading to at least four brokerages downgrading the stock.