By Liz Moyer
Investing.com -- Stocks were mixed on Wednesday after stronger than expected retail sales stoked fears about interest rates. Here are the midday movers for Feb. 15.
- Roblox Corp (NYSE:RBLX) shares jumped 24% after the gaming platform said fourth-quarter bookings were $899.4 million, far exceeding the $876.2M expected.
- Airbnb Inc (NASDAQ:ABNB) shares surged 12.9% after the short-term rentals company reported stronger than expected fourth-quarter results, boosted by solid demand over the holidays that has extended into the new year.
-
Taiwan Semiconductor Manufacturing (NYSE:TSM) shares fell 5.8% after Berkshire Hathaway (NYSE:BRKa) disclosed that it cut its stake in the contract chipmaker by 86% in the fourth quarter.
- The Trade Desk (NASDAQ:TTD) shares jumped 25% after the advertising technology firm beat expectations on revenue despite the slump in the digital ad market. It forecast first-quarter revenue of at least $363M, which is stronger than the consensus estimate.
-
Devon Energy Corporation (NYSE:DVN) shares fell 12% after the shale energy producer reported disappointing results for the fourth quarter and said first-quarter production could be affected by infrastructure outages. Daily production is expected to fall slightly from the fourth quarter.