Today's Morning Movers and Top Ratings: WYNN, U, ILMN, PLUG and More.
Morning Movers
Gapping up
$Apple (AAPL.US)$ stock rose 0.2% after the iPhone maker agreed to pay $25 million to settle claims by the U.S. Department of Justice that the company illegally favored immigrant workers for certain jobs.
Gapping down
$Wynn Resorts (WYNN.US)$ stock fell 4.8% despite hospitality workers reaching a tentative labor deal with the casino operator, ending the threat of a strike, as investors fretted over the uneven nature of its recovery in the important Macau region.
$Illumina (ILMN.US)$ stock slumped over 11% after the gene-testing company cut its annual profit forecast for the second straight quarter, hurt by weakness in demand for its sequencing instruments, consumables and services.
$Plug Power (PLUG.US)$ stock plummeted over 30% after the hydrogen fuel-cell firm's third-quarter revenue missed estimates,causing it to pull its 2023 guidance, citing “unprecedented supply challenges.”
$Unity Software (U.US)$ stock fell over 14% after the video game software developer failed to provide full-year guidance after third-quarter revenue missed expectations following slowing new game launches and weakness in China amid a crackdown on gaming.
$The Trade Desk (TTD.US)$ stock slumped over 24% after the advertising software maker disappointed with its revenue guidance for the upcoming quarter, tied to the auto and Hollywood strikes.
Source: CNBC; Investing.com
US Top Rating Updates on 11/10
Source: Dow Jones
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