Everbridge plunges by almost 50% after CEO resigns from software company

David Meredith, CEO, Everbridge Scott Mlyn | CNBC Shares of Everbridge lost almost half their value on Friday after the software company said CEO David Meredith resigned effective immediately. Everbridge, whose technology helps companies manage public safety emergencies, saw its stock price rocket during the early months of the Covid-19 pandemic as cities across the country deployed its software to get notifications out to the public. Investor sentiment turned dramatically in November, as the stock plunged 29% for the month. The drop started after the company’s earnings report on Nov.…

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Stocks making the biggest moves midday: Home Depot, Robinhood, SoFi and more

A shopper leaves a Home Depot with merchandise that she purchased on August 17, 2021 in Alexandria, Virginia. Alex Wong | Getty Images Check out the companies making headlines in midday trading. Home Depot — Shares of Home Depot jumped more than 5% after the home improvement retailer beat on earnings. The company reported earnings of $3.92 per share on revenue of $36.82 billion. Analysts expected earnings of $3.40 on revenue of $35.01 billion, according to Refinitiv. Robinhood — Shares of the stock trading app ticked 4.6% lower in midday…

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Stocks making the biggest moves premarket: Palantir, CyberArk, Utz, eBay and others

Check out the companies making headlines before the bell: Palantir Technologies (PLTR) – The software platform company matched Wall Street forecasts with adjusted quarterly earnings of 4 cents per share and revenue beating analyst forecasts. Sales rose 49% from a year ago, and the stock rallied 5.7% in the premarket. CyberArk Software (CYBR) – The cybersecurity company earned an adjusted 1 cent per share for its latest quarter, compared with a consensus estimate of 2 cents, while revenue came in above estimates with subscription revenue more than doubling from a…

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Stocks making the biggest moves after the bell: Lordstown Motors, eBay, Sonos and more

eBay headquarters in San Jose, California, U.S., on Monday, Aug. 9, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Wednesday: eBay — Shares of eBay are down 2.4% after the company reported disappointing revenue for the second quarter. EBay posted $2.67 billion in revenue for the quarter, missing a Refinitiv forecast of $3 billion. Gross merchandise volume also fell 7% on a year-over-year basis to $22.1 billion, and its third-quarter outlook fell light on both earnings and revenue. Sonos — The maker…

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