Market Movers

1 Mins read

Stock Gainers:

  • Activision Blizzard

    • Shares rose 1% after Microsoft reached a licensing deal with Ubisoft Entertainment to secure approval from the U.K. competition regulator.
    • Microsoft stock also rose in premarket trade.
    • The stock rallied 18% after the high-tech manufacturing services company reported strong results driven by new AI products and data-communications sales.
  • Teva Pharmaceutical Industries Ltd.

    • U.S.-listed shares rose 1% as the company agreed to pay a $225 million fine to settle price-fixing charges.
  • Zoom Video

    • Shares rose 4% as the videoconferencing giant reported a significant increase in earnings and provided strong full-year guidance.

Stock Decliners:

  • Nordson Corp.
    • Shares dropped 5% as the maker of industrial adhesives and other products missed revenue expectations, primarily due to weakness in its electronics business.
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