DBRG - Hot Stocks: CWH GBT rally on earnings; ODP CLDX drop; LMRK gets new takeover offer
Earnings remained a substantial mover during Wednesday's midday action. Camping World (NYSE:CWH) and Global Blood Therapeutics (NASDAQ:GBT) both rallied on their respective quarterly reports. Meanwhile, the release of disappointing results sparked declines in shares of Office Depot (NASDAQ:ODP) and Cardlytics (NASDAQ:CLDX). Looking to non-earnings movers, Landmark Infrastructure (NASDAQ:LMRK) was a standout performer in intraday trading. The stock got a boost from a new takeover offer. Camping World (CWH) beat expectations with its Q2 profit on revenue that rose 28% from last year. The top-line figure of $2.06B represented a record for the company. On the news, CWH jumped nearly 8% in midday trading. Global Blood Therapeutics (GBT) also posted notable gains after the release of its quarterly report. The company reported a Q2 loss, but the figure was still above what analysts had predicted. Revenue rose more than 50% to reach $47.6M. The strong results prompted an upgrade from Truist,
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Hot Stocks: CWH, GBT rally on earnings; ODP, CLDX drop; LMRK gets new takeover offer