Dexcom Rallies, DraftKings Plunges, Pinterest Tumbles on Weak Sales Projection
Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
On this episode of Stock Movers:
- Dexcom (DXCM) shares rally after the medical device company reported revenue for the fourth quarter that met the average analyst estimate. William Blair notes the company has a “favorable setup for 20%-plus EPS growth with upside potential.”
- DraftKings (DKNG) shares plunge after the online betting company issued a 2026 forecast for sales and profit that fell short of Wall Street estimates, sending the stock tumbling by its largest intraday drop in nearly three-and-a-half years. The stocks of online betting companies including DraftKings and Flutter Entertainment Plc have fallen in recent months on investor concerns over the competitive threat posed by prediction markets.
- Pinterest (PINS) shares fell by the most in more than three years after the company projected current-quarter sales that fell short of Wall Street estimates, the latest in a rocky period marked by layoffs and a pivot toward artificial intelligence products. Pinterest cut hundreds of jobs in late January, citing a shift in priorities to focus more extensively on AI products.
See omnystudio.com/listener for privacy information.