📈 SNAP and Social Media Companies Hammered, S&P 7-Day Win Streak In Jeopardy?
Here's what is happening in the markets today, Friday, October 22nd.
Here's what is happening in the markets today, Friday, October 22nd.
- S&P at record highs with 7-day win streak heading into the last trading day of the week.
- Intel (INTC) down 10% pre-market after predicting lower profit margins.
- Snap (SNAP) hammered, down 20% pre-market after warning of slowing growth. Facebook (FB) and Twitter (TWTR) also down on the news.
- American Express (AXP) had a strong quarter, reporting earnings that beat expectations.
- Mattel (MAT) - Is up 7.0% after saying supply chain issues would not prevent the company from having a strong holiday season.
- Honeywell (HON) reported mixed earnings seeing strong growth but are still facing tough supply chain issues.
- Intel (INTC) down 10% pre-market after predicting lower profit margins.
- Snap (SNAP) hammered, down 20% pre-market after warning of slowing growth. Facebook (FB) and Twitter (TWTR) also down on the news.
- American Express (AXP) had a strong quarter, reporting earnings that beat expectations.
- Mattel (MAT) - Is up 7.0% after saying supply chain issues would not prevent the company from having a strong holiday season.
- Honeywell (HON) reported mixed earnings seeing strong growth but are still facing tough supply chain issues.
This wraps up today's stock market news.
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