Earnings deluge: In Thursday's trade, investors were back to focusing on corporate earnings with a long list of companies reporting.
Shares of Southwest Airlines Co.(LUV) slid 3% after the carrier reported earnings below expectations (http://www.marketwatch.com/story/southwest-airlines-stock-falls-after-earnings-miss-expectations-2017-04-27).
Intuit Inc. (INTU) shares rallied in the extended session Wednesday after the tax software company reported a rise in units sold over tax season and reiterated its outlook for the year. Intuit shares surged 7.3% to $124.30 after hours, following a 2.8% decline during the regular session as an outline of President Donald Trump's tax plan was unveiled. Intuit said that total units of its TurboTax software rose 2% to 34.6 million units over this year's tax season compared with a year ago. Intuit reiterated its full-year earnings guidance of $4.30 to $4.40 a share, while analysts surveyed by FactSet expect $4.32 a share.
Bristol-Myers Squibb Co.(BMY) also beat forecasts, sending the shares 2.7% higher (http://www.marketwatch.com/story/bristol-myers-squibb-stock-surges-3-after-first-quarter-profit-revenue-beats-2017-04-27).
Shares of GrubHub Inc. (GRUB) soared 13% in premarket trade Thursday toward a 2 1/2-month high, after the online food-ordering company reported first-quarter results beat expectations. Net income rose to $17.7 million, or 20 cents a share, from $9.9 million, or 12 cents a share, in the same period a year ago
Shares of Under Armour Inc.(UAA) soared 9% after the athletic apparel reported a loss for the first quarter, but it was smaller than expected (http://www.marketwatch.com/story/under-armour-shares-soar-after-earnings-beat-2017-04-27).
American Airlines Group Inc.(AAL) shares slumped 8% after the air carrier reported first-quarter results, and announced a pay increase for crew members.
Domino's Pizza Inc.(DPZ) shares rose 2.3% after the pizza maker beat estimates.
Twitter (TWTR 15.82, +1.16 +7.91%) reported better than expected Q1 EPS and revenues of $0.11 and $548 million, respectively. Average monthly active users were 328 million in Q1, an increase of 6% year-over-year and compared to 319 million in the previous quarter.