BROS - Hot Stocks: BROS ATTO plummet on quarterly results; SQSP jumps almost 50%; HRB extends gains
A late rally allowed the major averages to finish Thursday's session with a mixed performance. Investors showed significant uncertainty after the sharp declines that have taken place in recent weeks, leading to a volatile day. While macro concerns drove overall trading, earnings news prompted major moves by individual stocks. That included Dutch Bros (NYSE:BROS), which lost more than a quarter of its value following the release of its quarterly report. The stock also briefly dropped below its IPO price. Atento (ATTO) was another victim of disappointing financial figures. The stock retreated almost 40% to set a new 52-week low. Meanwhile, Squarespace (SQSP) moved in the opposite direction on earnings news, rising almost 50% on strong revenue and an upbeat forecast. At the same time, H&R Block (HRB) added to its recent earnings-inspired rally, allowing the stock to set a new 52-week high. Standout Gainer Squarespace (SQSP) reported Q1 revenue that
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Hot Stocks: BROS, ATTO plummet on quarterly results; SQSP jumps almost 50%; HRB extends gains