17 minutes ago
The Dow heads for a four-month winning streak for the first time in three years
The major averages are heading for another strong month, with the Nasdaq up 5.1% and the S&P 500 on pace to gain 4.6%.
What is even more noteworthy is the Dow Jones Industrial Average’s winning streak. If February closes in positive territory tomorrow, the 30-stock index will seal a four-month winning streak for the first time since the streak ended in May 2021. The index is currently up 2.1% since the beginning of the month.
— Samantha Subin, Chris Hayes
49 minutes ago
Snowflake and Octa are among the stocks that move the most after the bell
Below are some stocks that are rising after the bell.
- Snowflake — Snowflake stock plunged 21% after the business software company announced the departure of CEO Frank Slootman. The news comes at the same time as the company’s first-quarter product revenue outlook was lower than expected, although its quarterly results were better than expected.
- Duolingo — The language learning platform soared 22% as it beat quarterly expectations and had strong average monthly users and bookings. Duolingo also provided strong revenue guidance for the first quarter and full year.
- Okta — Okta rose 24% on better-than-expected quarterly results and first-quarter guidance.
Click here for a complete list of stocks on the move.
— Samantha Subin
1 hour ago
