"Midday Market Movers: Lyft, Uber, Airbnb, and More"

1 min read
Source: CNBC
"Midday Market Movers: Lyft, Uber, Airbnb, and More"
Photo: CNBC
TL;DR Summary

Uber's shares surged after announcing a $7 billion share repurchase program and optimistic growth expectations, while Lyft, IQVIA Holdings, Charles River Laboratories, DaVita, and Robinhood also saw stock gains following positive earnings reports. Meanwhile, Airbnb's shares dropped despite a revenue beat, and Akamai Technologies, MGM Resorts International, Kraft Heinz, and Hasbro experienced stock declines due to missed expectations in revenue or earnings. Crypto-related stocks surged as bitcoin reached a two-year high, with Coinbase, Microstrategy, Iris Energy, CleanSpark, Marathon Digital, and Riot Platforms all seeing gains.

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