Skip to main

Stock Movers: Arista Networks, Axon, AMD

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

On this episode of Stock Movers:

- Arista Networks (ANET) shares fell more than 11% in postmarket trading after the company’s forecast for adjusted gross margin in the fourth quarter fell short of the average analyst estimate.

- Axon (AXON) drops 20% postmarket after the Taser maker reported disappointing third-quarter adjusted EPS and agreed to buy emergency tech company Carbyne in a deal valuing the company at $625 million.

- Advanced Micro Devices (AMD) failed to impress investors with its revenue forecast, with fourth-quarter revenue expected to be roughly $9.6 billion. The company's shares fell about 3% in extended trading following the announcement, after more than doubling this year heading into the earnings report.


Read more in CTech: Public safety giant Axon acquires Carbyne for $625 million in cash >>
and in YnetGlobal: Axon to buy Israeli emergency communications firm Carbyne for $625 Million >>


Share this article on social media
© All rights reserved to IVC and Israel Innovation Authority
Disclaimer:
The information provided on this platform is based solely on publicly available sources collected from the internet, including news articles, press releases, company websites, and other open-access materials.
The content is provided "AS IS" for informational purposes only and should not construed as professional, legal, or investment advice.
While we strive to ensure the accuracy and timeliness of the information presented, we do not guarantee its completeness or correctness.
Users are encouraged to independently verify any data before relying on it.
IVC shall bear no liability for investment decisions based on the information provided. In no event shall IVC or its employees, agents, or affiliates be liable for any direct, indirect, actual, special, or consequential damages resulting from the use of the information provided.