PINS - 2 Market-Moving Stocks You Can't Afford to Ignore
It's been a tough market environment for investors, with big whipsaws in both directions reflecting the massive uncertainty companies face. Uncertainty once again showed up in the relative movements of different stock market indexes Friday morning. The Dow Jones Industrial Average (DJINDICES: ^DJI) looked poised to open slightly higher, but other benchmarks weren't as fortunate.
Several stocks stood out from the crowd because of the extent of their big share-price moves. Pinterest (NYSE: PINS) distinguished itself favorably from other social media stocks lately with solid financial results. However, healthcare company DaVita (NYSE: DVA) was among the worst performers in the stock market early Friday. Below, you'll see more about what led to these big moves and what could lie ahead for the companies.
Shares of Pinterest were up 11% early Friday, with investors reacting favorably to the social media company's third-quarter financial report. Even though some of its numbers reflected the sluggish environment for advertising that its rivals have reported previously, Pinterest was able to do better than most investors had expected.
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2 Market-Moving Stocks You Can't Afford to Ignore