Midday movers: Roblox, Airbnb, Taiwan Semiconductor and more

  • Investing.com
  • Stock Market News
Midday movers: Roblox, Airbnb, Taiwan Semiconductor and more
Credit: © Reuters.

By Liz Moyer

Investing.com -- Stocks were mixed on Wednesday after stronger than expected retail sales stoked fears about interest rates. Here are the midday movers for Feb. 15.

  • Roblox Corp (NYSE: RBLX ) shares jumped 24% after the gaming platform said fourth-quarter bookings were $899.4 million, far exceeding the $876.2M expected.
  • Airbnb Inc (NASDAQ: ABNB ) shares surged 12.9% after the short-term rentals company reported stronger than expected fourth-quarter results, boosted by solid demand over the holidays that has extended into the new year.
  • Taiwan Semiconductor Manufacturing (NYSE: TSM ) shares fell 5.8% after Berkshire Hathaway (NYSE: BRKa ) disclosed that it cut its stake in the contract chipmaker by 86% in the fourth quarter.

  • The Trade Desk (NASDAQ: TTD ) shares jumped 25% after the advertising technology firm beat expectations on revenue despite the slump in the digital ad market. It forecast first-quarter revenue of at least $363M, which is stronger than the consensus estimate.
  • Devon Energy Corporation (NYSE: DVN ) shares fell 12% after the shale energy producer reported disappointing results for the fourth quarter and said first-quarter production could be affected by infrastructure outages. Daily production is expected to fall slightly from the fourth quarter.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or


Related Articles