Live Nation, Gap, Ross Stores, Palo Alto and more | Catch My Job


Take a look at the companies making headlines in midday trading.

Gap – The retailer rose 10% after beating Wall Street revenue estimates. Gap also gave a careful look for the holiday season.

Palo Alto Networks – Shares of the cybersecurity provider rose 6.5% after beating expectations on revenue and earnings per share, according to Refinitiv.

Ross Stores – Shares rose 15% after discount sellers reported earnings and earnings per share for the latest quarter.

Live Nation – The Ticketmaster parent gained nearly 3% after Ticketmaster’s announcement that it will not hold its previously scheduled general ticket sale for Taylor Swift’s “Eras” tour on Friday. The announcement followed fan outcry over site glitches and long waits during pre-sales, in addition to calls for public officials to disband the duo over antitrust concerns.

StoneCo – Shares of the financial technology company jumped 12% after its quarterly adjusted net income beat consensus estimates, according to FactSet. Revenue was also slightly higher than analysts had predicted.

Keysight Technologies — The electronic design company added 4.2% after reporting that it beat FactSet expectations for revenue and earnings per share. Keysight also said those indicators would be either the same or above expectations for the next quarter. Management said it had record orders for the quarter and fiscal year.

Applied materials – Shares rose 3.4% after the semiconductor maker beat analysts’ estimates on revenue and earnings for the fiscal fourth quarter.


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