Good News Comes in Threes

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4.7 • 1.7K Ratings

🗓️ 10 February 2021

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

Twitter shares rise after a strong end to the fiscal year. Lyft’s 4^th-quarter loss is smaller than expected, which sends the stock higher. Maria Gallagher analyzes those stories, as well as Under Armour’s surprising holiday quarter and the challenge ahead for CEO Patrik Frisk.

Transcript

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0:00.0	It's Wednesday, February 10th.
0:04.0	Welcome to Marketfoolery.
0:05.4	I'm Chris Hill with me today.
0:07.4	Maria Gallagher in the house.
0:08.9	Good to see you.
0:10.2	Nice to see you too.
0:12.0	QZ, everything is awesome song from the Lego movie
0:15.2	because we've got three stocks that are headed higher today.
0:18.3	And we're going to start with Twitter.
0:20.4	Shares of Twitter are up 8%.
0:23.0	Fourth quarter revenue was higher than expected.
0:27.0	We can get into sort of guidance
0:28.5	and where this company is going in 2021 and beyond.
0:32.6	But what did you think of the fourth quarter?
0:34.3	What stood out to you?
0:36.3	Yeah, I mean, it was a really impressive fourth quarter.
0:38.4	I'm sorry, as always, there's some background noise.
0:41.4	It's like the world knows when I'm recording something.
0:44.5	It to be loud behind me.
0:45.6	So I'm sorry about that.
0:46.6	But in a small town like New York City,
0:49.0	that's surprising that there would be background noise.
	...

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