Salem Radio Network News Saturday, January 28, 2023


Rackspace Technology, Wynn Resorts rise; Cano Health falls

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:

Wynn Resorts Ltd., up $3.72 to $72.

The casino operator’s third-quarter revenue beat Wall Street forecasts.

Bumble Inc., up $2.10 to $23.03.

The online dating service reported strong third-quarter earnings.

RingCentral Inc., up $8.54 to $36.90.

The cloud-based phone system provider for small businesses raised its earnings forecast for the year.

Dutch Bros. Inc., up $6.53 to $35.72.

The drive-thru coffee chain reported strong third-quarter financial results.

ZipRecuriter Inc., up $2.39 to $16.96

The online employment marketplace raised its revenue forecast for the year.

NuVasive Inc., up 22 cents to $37.75.

The medical device maker cut its earnings and revenue forecast for the year.

Cano Health Inc., down $1.16 to $2.18.

The chain of primary care medical centers reported a much bigger third-quarter loss than analysts expected.

Rackspace Technology Inc., up $1.56 to $5.92.

The cloud computing company beat analysts’ third-quarter financial forecasts.


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Steve Breen
Wed, Jan 18, 2023