45 Stocks Moving In Thursday’s Mid-Day Session
Gainers
Blue Water Acquisition Corp. (NASDAQ: BLUW) shares climbed 57% to $16.41. Blue Water Acquisition is expected to hold a special meeting of its stockholders on Friday, August 27, 2021.
Pure Storage Shares Pop On Q2 Beat, Q3 Outlook Above Consensus
Pure Storage Inc (NYSE: PSTG) shares traded higher by 14.3% at $23.95 on the last check Thursday.
Morgan Stanley Maintains Equal-Weight on Pure Storage, Raises Price Target to $27
Morgan Stanley maintains Pure Storage (NYSE:PSTG) with a Equal-Weight and raises the price target from $22 to $27.
Recap: Pure Storage Q2 Earnings
Shares of Pure Storage (NYSE:PSTG) moved higher by 10.2% in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 133.33% year over year to $0.14, which beat the estimate of $0.05.
22 Stocks Moving in Thursday’s Pre-Market Session
Gainers
Good Works Acquisition Corp. (NASDAQ: GWAC) rose 29.8% to $13.01 in pre-market trading. Good Works Acquisition and Cipher Mining reported shareholder approval of business combination.
Credit Suisse Maintains Neutral on Pure Storage, Raises Price Target to $23
Credit Suisse analyst Matthew Cabral maintains Pure Storage (NYSE:PSTG) with a Neutral and raises the price target from $21 to $23.
Pure Storage Q2 EPS $0.14 Beats $0.05 Estimate, Sales $496.80M Beat $469.48M Estimate
Pure Storage (NYSE:PSTG) reported quarterly earnings of $0.14 per share which beat the analyst consensus estimate of $0.05 by 180 percent. This is a 133.33 percent increase over earnings of $0.06 per share from the same
Earnings Scheduled For August 25, 2021
Companies Reporting Before The Bell
• Jiayin Gr (NASDAQ:JFIN) is projected to report quarterly earnings at $0.21 per share on revenue of $54.80 million.