By Liz Moyer
biedexmarkets.com — Stocks were falling on Thursday as fears about interest rates overtook positive earnings from Nvidia. Here are the midday movers for Feb. 23.
- NVIDIA Corporation (NASDAQ:) shares rose 12.7% after the chip maker said artificial intelligence is boosting its momentum, helping it forecasts for top and bottom results in the recent quarter.
- Domino’s Pizza Inc (NYSE:) shares fell 12.6% after the pizza delivery chain fell short of expectations for same-store sales in the , with pressure on its delivery business in the U.S.
Wayfair Inc (NYSE:) shares fell 27% after the online furniture and home goods retailer a wider-than-expected fourth-quarter loss. The company lost five million customers last year as a pandemic-fueled buying spree fizzled out.
- Lucid Group Inc (NASDAQ:) shares fell 15% after the electric vehicle maker forecast it would deliver 10,000 to 14,000 vehicles this year, but that was short of analyst expectations for 20,000 to 22,000.
Unity Software Inc (NYSE:) shares tumbled 17% after the video game software developer said it isn’t expecting a rebound in in-game ads this year. Its first-quarter revenue outlook fell short of estimates.