DraftKings Lifts 2021 Outlook After 4Q Sales Jump 146%; Shares Gain 6.4%

Shares of DraftKings rose 6.4% on Feb.

Farfetch Posts Smaller-Than-Feared 4Q Loss; Partners With Aurora Mobile

Farfetch Lt. reported stronger-than-expected 4Q results, driven by double-digit growth in gross merchandise value (GMV) and digital platform GMV.

Cigna Snaps Up MDLive To Meet COVID-19 Care Needs; Street Sees 23% Upside

Cigna Corp.’s health services division Evernorth has agreed to acquire 24/7 virtual care platform MDLive for an undisclosed sum.

Aerie Pharma’s Quarterly Sales Top Analysts’ Estimates; Shares Spike 16%

Shares of Aerie Pharmaceuticals surged 16.3% on Feb.

Airbnb Beats 4Q Sales, Sees Booking Demand Picking Up; Shares Pop 13%

Shares of Airbnb surged 13.3% on Friday as the online vacation home rental marketplace posted better-than-expected quarterly sales and sees booking demand picking …

DoorDash Loss More Than Doubles On IPO Related Costs

DoorDash reported a higher year-on-year loss in its first quarterly report after the IPO in December. The food-delivery company’s net loss more than …

AT&T To Spin Off DirecTV In $16.3B Venture With TPG

AT&T has agreed to spin off its video business unit, DirecTV, in a $16.25 billion transaction with private equity firm TPG Capital.

Steel Dynamics Bumps Up Q1 Dividend; Street Remains Cautiously Optimistic

Steel Dynamics announced a 4% hike in its quarterly dividend to $0.26 per share.

Fluor’s 2021 Earnings Outlook Disappoints; Stock Slips 13%

Shares of Fluor Corporation plunged 13.3% on Friday after the multinational engineering and construction firm issued a 2021 earnings guidance that fell short …

Etsy Spikes 11.5% On Upbeat 1Q Outlook After 4Q Profit Beat

Etsy stock gained 11.5% on Friday after the online marketplace for handcrafted goods reported stellar fourth-quarter results and forecasted a 1Q revenue outlook …

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