FBRX - Hot Stocks: SE GLBE rise on earnings; CLSK GAN drop; FBRX schedules data release
Earnings news remained the central theme of single-stock stories during Tuesday's midday action. Sea Limited (NYSE:SE) was one of the standouts, as a rare profit beat inspired a notable gain in the company's stock. Global-e Online (NASDAQ:GLBE) also saw gains in the wake of its quarterly report. Meanwhile, earnings news sparked declines in shares of CleanSpark (NASDAQ:CLSK) and GAN Limited (NASDAQ:GAN). Tuesday saw more than just another wave of earnings announcements. Forte Biosciences (NASDAQ:FBRX) rallied on news that it would soon release data about an experimental treatment for atopic dermatitis. Sea Limited (SE) topped expectations for both earnings and revenue. The consumer internet platform also raised its full-year outlook. The earnings topper marked an unusual occurrence for the company -- just the second time in the past 12 quarters that it managed to outperform projections on its bottom line. On the news, SE rose 6% in midday action. Earnings news
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Hot Stocks: SE, GLBE rise on earnings; CLSK, GAN drop; FBRX schedules data release