Reply To: Traders Market Weekly: Santa Brought Coal in 2022


Adobe (ADBE 345.00, +16.29, +5.0%) and Accenture (ACN 277.30, -3.82, -1.4%) are making sizable moves this morning after reporting quarterly results.

Darden Restaurants (DRI 144.75, +1.89, +1.3%): beats by $0.08, beats on revs; Q2 comps +7.3%; raises FY23 EPS, revenue, and comp guidance
Accenture (ACN 273.85, -7.27, -2.6%): beats by $0.15, reports revs in-line; guides Q2 revs in-line; raises FY23 EPS in-line, reaffirms FY23 revs guidance
Maxar Technologies (MAXR 51.50, +28.40, +122.9%): confirms it will be acquired by Advent Int’l for $6.4 bln, or $53/share in cash
Winnebago (WGO 57.08, +1.33, +2.4%): beats by $0.28, beats on revs
Novavax (NVAX 9.97, -1.35, -11.9%): priced public offering to sell 6,500,000 shares of its common stock at $10.00/share.
Adobe (ADBE 343.56, +14.85, +4.5%): beats by $0.10, reports revs in-line; guides FebQ EPS above consensus, revs in-line; reaffirms FY23 EPS guidance, revs guidance
Meta Platforms (META 118.28, +2.13, +1.8%): upgraded to Overweight from Neutral at JPMorgan
U.S. Steel (X 23.85, +0.21, +0.9%): guides Q4 EPS above consensus
Steel Dynamics (STLD 100.34, -1.58, -1.6%): guides Q4 adjusted EPS well above consensus; profitability from steel operations to be lower sequentially, metals recycling operations to moderately improve, steel fabrication operations to be steady