Movers & Shakers: Take-Two Interactive shares surge on report of new Grand Theft Auto game as Robinhood stock drops on earnings miss

This post was originally published on this site

Here are some of Tuesday’s bigger, more-active movers:

Stock gainers:

Upwork Inc.’s
UPWK,
+6.13%

stock surged 21% as the company reported a big beat on earnings after losing money in the same quarter a year ago.

Shares of Enovix Corp.
ENVX,
+0.49%

 rallied 15% on Tuesday after the lithium-ion battery maker forecast fourth-quarter sales that were above expectations.

Rivian Automotive Inc. shares
RIVN,
+1.40%

jumped 7% as the EV maker narrowed its quarterly loss and said it ended an exclusivity deal with Amazon.com Inc. for its last-mile electric delivery vans.

Shares in Take-Two Interactive Software Inc.
TTWO,
+1.48%

jumped 8% following a report in Bloomberg News the video game company could announce the release of a new Grand Theft Auto game as early as next week.

Stock decliners:

Sleep Number Corp.‘s stock
SNBR,
-1.41%

fell 30% after the retailer and mattress maker swung to a surprise quarterly loss, predicted a loss for the full year and said it reached an agreement with a shareholder that had been pushing for change.

Vroom Inc.
VRM,
+2.86%

share plunged 12% after the used car seller said its losses widened in the third-quarter.

Shares of Robinhood Markets Inc.
HOOD,
+1.77%

fell 7% after the trading app reported quarterly revenues that missed expectations.

Shares of Ebay Inc.
EBAY,
+1.02%

dropped 7% after the online marketplace offered a tepid revenue forecast for the holiday quarter amid intensifying competition from Amazon.com Inc.
AMZN,
+2.13%

and others.

Digital-marketing platform Klaviyo Inc.
KVYO,
+3.54%

fell 6% as third-quarter losses swelled and its fourth-quarter sales forecast came up short of Wall Street’s estimates.