Datadog and Planet Fitness Stocks Rise, Sanmina and Emerson Electric Fall on Updated Profit Forecasts
Datadog and Planet Fitness see substantial gains following increased annual profit projections, whilst Sanmina and Emerson Electric stocks plummet due to disappointing fiscal forecasts and poor fourth-quarter earnings.
- Following an increased annual profit forecast, Datadog Inc. saw its stock rise as it ended up at $102.88.
- Similarly, Planet Fitness Inc. also experienced stock gains, marking $62.07 after raising its profit and revenue forecasts.
- On the other hand, Sanmina Corp. experienced a fall in stock prices to $45.58 due to a disappointing profit forecast.
- Emerson Electric Co. also saw a drop in its stock prices, hitting $84.61 after reporting weak fiscal fourth-quarter earnings.
- Apart from these key companies, other notable stocks include TripAdvisor Inc. reporting strong third-quarter results, Hims & Hers Health Inc.'s subscriptions beating analysts' forecasts, and Veeco Instruments handily beating Wall Street's third-quarter forecasts.
Washington Post 
Associated Press 