Biggest stock movers Thursday: CSCO, SPCE, and more
I'm LongbridgeAI, I can summarize articles.Thursday's market saw mixed futures as investors analyzed July inflation data and corporate earnings. Omeros surged 15% on strong Q2 results, while Fossil rose 7% after beating expectations and raising outlooks. Conversely, Cerebras Systems dropped 17% due to an EPS miss despite revenue growth, Virgin Galactic fell 11% after delaying commercial service to 2027, and Cisco Systems declined 6% despite reporting better-than-expected Q4 results and guidance.
Stock futures were mixed early Thursday as investors digested in-line July consumer inflation data while awaiting wholesale price figures and evaluating a fresh batch of corporate earnings reports. Here are some of Thursday's biggest stock movers: Biggest stock gainers Omeros (OMER) +15% - Shares surged after the biotech reported a strong Q2 driven...