Reported 16 days ago
On November 8, 2024, major stock indexes reached record highs, with the S&P 500 rising 0.6%. Notable movers included Axon Enterprise (+28.2%) and Sweetgreen (-8.7%) after disappointing earnings. Airbnb's shares fell 8% despite revenue growth as their earnings slightly missed expectations. Arista Networks also saw a 7% drop despite reporting better-than-expected profits, attributed to a decrease in their gross margin. Investors are keeping an eye on earnings reports and future projections from these companies.
Source: YAHOO