Robinhood Slides; Etsy Gains; Trian Offers to Buy Wendy's
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Episode Robinhood Slides; Etsy Gains; Trian Offers to Buy Wendy's
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Robinhood (HOOD) is declining after the brokerage reported third-quarter earnings per share that missed consensus estimates.
- Etsy (ETSY) shares are gaining after the online retail company reported third-quarter results that beat expectations on key metrics. It also announced that its CFO Lanny Baker will depart to pursue opportunities outside of Etsy.
- Wendy's (WEN) shares are moving on news Nelson Peltz's hedge fund Trian Fund Management is offering to buy Wendy's for around $1.4 billion.
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Transcript
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