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Morning Movers: Fastly skyrockets following fourth quarter results

Futures are modestly higher this morning in possible continued reaction to yesterday’s upbeat employment figures showing about 130,000 jobs added and a lower unemployment rate. Stock markets are trading with a generally constructive tone as investors brace for other key economic data later this week, though yesterday’s strong labor data pushed Treasury yields upward as markets scaled back immediate rate-cut bets.

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In pre-market trading, S&P 500 futures rose 0.42%, Nasdaq futures rose 0.52% and Dow futures rose 0.36%.

Check out this morning’s top movers from around Wall Street, compiled by The Fly. 

UP AFTER EARNINGS –

  • Fastly (FSLY) up 42%
  • Crocs (CROX) up 13%
  • Howmet Aerospace (HWM) up 4%
  • Zoetis (ZTS) up 3%
  • AB InBev (BUD) up 3%
  • US Foods (USFD) up 1%

DOWN AFTER EARNINGS –

  • Baxter (BAX) down 12%
  • Cisco (CSCO) down 6%
  • TripAdvisor (TRIP) down 3%
  • Restaurant Brands (QSR) down 2%
  • Hyatt (H) down 1%

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

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