Published February 27, 2014
TripAdvisor Shares Sail Higher and Other #Stocks2Watch
#Stocks2Watch: TripAdvisor Sails Higher
TripAdvisor shares rallied in the pre-market as the online travel site's revenues surged.
TripAdvisor (NASDAQ:TRIP) posted a 26% surge in its quarterly revenues after the bell on Tuesday. The news sparked several price target hikes from investment banks. Shares of the online travel site are roaring higher by more than 3% in the pre-market.
Cisco Systems [CSCO]
Cisco Systems (NASDAQ:CSCO) is set to report its quarterly earnings after the closing bell. The firm has been working on making hardware to control "The Internet of Everything" as companies transition to the cloud. The shares are down 0.48% in pre-market action.
Twitter (NYSE:TWTR) is reportedly mulling a new timeline view that some are saying mirrors features of larger social-networking player Facebook. The shares are up just shy of 1% in the pre-market.
Home Depot [HD]
Home Depot (NYSE:HD) said it would hire 80,000 people as demand ramps up for the spring home-improvement season. The blue-chip company has been benefiting from the rebound in the American housing market. The shares are little changed in early trading.
Procter & Gamble [PG]
Procter & Gamble (NYSE:PG) cut its full-year profit and sales outlook amid turmoil in emerging currency markets -- particularly Venezuela. Shares of the world's biggest consumer products company are falling 0.8% in the pre-market.