Facebook surges, Qualcomm dips, Chipotle soars
Let’s check out the Yahoo Finance charts of the day.
Facebook (FB): Shares getting a pop here, up 8%. The social network earned $1.69 per share for the first quarter, compared to the consensus $1.35 estimate. The social network operator’s revenue also came in above Street forecasts. Facebook also announced an additional $9 billion in stock buybacks.
Qualcomm (QCOM): Shares down here, 0.74%. But the chipmaker’s revenue is slightly above forecasts. Qualcomm’s results suggest less of a slowdown in the global smartphone market than recent forecasts from suppliers may have suggested.
Chipotle (CMG): Shares are soaring. The restaurant chain reported a stronger-than-expected profit and was boosted by same-store sales that easily topped expectations.
For more on today’s big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.
