U.S. Stock to Watch: Trade Desk, Atlassian, Airbnb, Under Armour

Dow Jones
08/07

Friday, August 7, Trade Desk (TTD): Shares in the advertising technology company fell 27% in pre-market trading after it reported lower-than-expected quarterly revenue.

Atlassian Corporation PLC: Shares in the software company behind Jira and Confluence shot up 29% premarket following a revenue beat powered by accelerated growth in its cloud business.

Airbnb $(ABNB)$: The short-term rental company raised its full-year revenue forecast, citing growth in demand as it uses AI to improve its platform. Shares gained 7% premarket.

Maplebear $(CART)$: The company behind Instacart jumped 12% in premarket trading after posting higher revenue, boosted by higher order volume.

Sweetgreen $(SG)$: Shares fell 16% premarket after the salad chain said its second-quarter loss widened and it lowered its outlook as the cyclosporiasis outbreak weighs on demand.

Under Armour $(UAA)$, Wendy's $(WEN)$, Vistra (VST), Take-Two $(TTWO)$: The companies are among the names set to report earnings ahead of the opening bell.

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