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Autodesk, Rocket Lab, Monster Beverage: Earnings Movers
In This Article:
Brad Smith and Madison Mills examine several of the morning's top trending stocks:
Autodesk (ADSK) shares are trading lower despite reporter better-than-expected fourth quarter results. The company also announced a restructuring plan that includes 1,350 layoffs.
Shares of Rocket Lab USA (RKLB) are slipping after issuing a disappointing first quarter revenue forecast and delaying the launch of its Neutron rocket.
Monster Beverage (MNST) shares are on the rise after reporting fourth quarter sales that were in line with estimates and better-than-expected gross margin numbers.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
This post was written by Stephanie Mikulich.
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