Stocks to Watch: Square, Live Nation, Carvana, Booking.com

The world of finance is constantly evolving, and it’s important to stay up to date with the latest news and trends. In today’s premarket report, we highlight some of the stocks making the biggest moves and catching the attention of investors. Let’s take a closer look at Square, Live Nation, Carvana, and Booking.com.

Square: A Slip in Earnings Guidance

Intuit, the financial software company, experienced a 1% decrease in its stock value after issuing weaker-than-expected earnings guidance for the fiscal third quarter. Despite this setback, Square remains a player to watch in the financial technology space.

Live Nation: Entertaining Investors

Live Nation Entertainment, the entertainment platform, saw its shares soar nearly 5% following a fourth-quarter revenue beat. With revenue reaching $5.84 billion, surpassing analysts’ expectations, Live Nation continues to captivate both audiences and investors alike.

Carvana: Driving Towards Success

Carvana, the used car marketplace, experienced a remarkable surge of 33% in premarket trading after posting its first-ever annual profit. Despite weaker-than-anticipated quarterly results, Carvana’s strong fourth-quarter earnings and positive current quarter earnings guidance have earned the company an upgrade in rating.

Booking.com: Falling Short of Expectations

Booking Holdings, the online travel booking company, saw its stock plummet over 8% after issuing gross booking and EBITDA guidance for the first quarter that failed to meet expectations. Although overshadowing better-than-expected quarterly results, Booking.com remains a prominent player in the travel industry.

These companies, along with others in the financial market, undergo constant changes and fluctuations. As an investor, it’s crucial to stay informed and monitor these developments closely. For more financial news and updates, visit Business Today and stay ahead of the game.