Stocks finished mixed Friday. The Dow dropped and tech stocks rebounded following a sharp selloff on Thursday.
Here are some of the top gainers Friday:
1. Etsy | Percentage Increase 11%
Etsy (ETSY) – Get Report rose as analysts offered glowing commentary on the online artisanal-goods seller’s stronger-than-expected earnings.
Revenue more than doubled to $617 million from $270 million.
Jefferies analyst John Colantuoni lifted his share-price target to $260 from $245, while keeping his buy rating.
2. Airbnb | Percentage Increase 13%
Shares of Airbnb (ABNB) – Get Report climbed after the vacation rentals company reported better-than-expected fourth-quarter revenue in its first financial report since going public in December.
Revenue in the quarter fell 22%, to $859 million, compared with the FactSet consensus for $747 million.
3. WW International | Percentage Increase 11%
WW International (WW) – Get Report advanced after the weight-loss program operator beat Wall Street’s fourth-quarter earnings expectations.
Revenue totaled $323.4 million, while analysts at Zacks expected the company to post $311 million. Subscription revenue for the quarter totaled $286.6 million.
The company also reported digital subscriber growth across all major geographic markets.
4. DraftKings | Percentage Increase 6.4%
Sports-betting platform DraftKings (DKNG) – Get Report rose after posting better-than-expected fourth-quarter revenue and raising its 2021 sales guidance as sports — and wagering on it — came back stronger than expected amid the pandemic.
Revenue about doubled to $322.2 million from $162.6 million.
5. Caesars Entertainment | Percentage Increase 9.8%
Caesars Entertainment (CZR) – Get Report was climbing after the hotel and casino operator reported better-than-expected fourth-quarter results.
The company reported a quarterly loss of $1.70 a share compared with the Zacks estimate of a loss of $1.77.