Impressive Performers
Applied Materials Inc. (AMAT) soared by $16.33 to reach $203.99 after the chipmaking equipment company delivered a robust earnings forecast for the current quarter.
Coinbase Global Inc. (COIN) surged by $25.87 to $191.54 as the cryptocurrency exchange exceeded analysts’ expectations for fourth-quarter earnings and revenue.
Ingersoll Rand Inc. (IR) saw a $2.90 increase, reaching $90.70, after the flow control and compression equipment manufacturer provided a positive earnings outlook.
Trade Desk Inc. (TTD) climbed by $14.90 to $90.61 following an encouraging revenue forecast from the digital advertising platform.
Toast Inc. (TOST) rose by $3.17 to $22.37 after the restaurant software provider revealed a restructuring plan.
Struggling Stocks
DoorDash Inc. (DASH) experienced a decline of $11.58, falling to $114.69, as the delivery app reported a larger fourth-quarter loss than anticipated.
Bloom Energy Corp. (BE) dropped by $2.23 to $9.74 as the fuel cell systems developer projected weak revenue for the year.
Treehouse Foods Inc. (THS) decreased by $6.49 to $36.25 after the food maker’s fourth-quarter financial results missed analysts’ forecasts.