Australia markets open in 9 hours 55 minutes

    -14.20 (-0.20%)

    -0.0049 (-0.76%)
  • ASX 200

    -15.40 (-0.22%)
  • OIL

    +0.17 (+0.19%)
  • GOLD

    -14.90 (-0.80%)
  • Bitcoin AUD

    +1,792.63 (+4.21%)
  • CMC Crypto 200

    +28.70 (+4.96%)

Midday movers: Meta Platforms, Hasbro, Southwest Airlines and more -- Stocks were surging as big tech earnings helped lift all three indexes. Here are the market movers for April 27.

Meta Platforms Inc (NASDAQ:META) shares rose 15% after the Facebook and Instagram parent reported better-than-expected results and user growth and a second-quarter revenue forecast that was better than consensus estimates. Hasbro Inc (NASDAQ:HAS) shares rose 13% after the toy maker known for its Dungeons&Dragons franchise beat expectations on profit in the first quarter. Southwest Airlines Company (NYSE:LUV) shares weakened 4.7% after the carrier reported a wider-than-expected loss for the first quarter. Rival carrier American Airlines Group (NASDAQ:AAL) shares rose 2.6% after it beat expectations for the quarter. Crocs Inc (NASDAQ:CROX) shares fell 18.5% after the casual shoemaker offered second-quarter and full-year guidance that was below consensus on weakness at its Hey Dude brand.

AbbVie Inc (NYSE:ABBV) shares fell 7.7% after the pharmaceutical maker reported a 25% drop in sales of its arthritis therapy Humira as fresh competition entered the market.

Related Articles

Midday movers: Meta Platforms, Hasbro, Southwest Airlines and more

Intel forecasts second-quarter revenue above estimates

Glass Lewis recommends Tesla investor vote against board nominee JB Straubel