Reddit — The stock fell 6% after Bloomberg, citing a person familiar with the matter, reported that Advance Magazine Publishers is looking to establish a credit facility using as much as $1.2 billion of its stake in Reddit.
Gap — The stock jumped more than 10% on the heels of the clothing retailer increasing its full-year outlook — its third time doing so this year.
Super Micro Computer — Shares moved more than 11% higher, extending its more than 15% gain in the previous session.
Intuit — Shares of the financial software company fell 4% after the release of its fiscal first-quarter report.
StoneCo — Shares jumped about 10% after the Brazilian payments company announced a share repurchase program of up to 2 billion reais .
Persons:
LSEG, Ross, Needham, bitcoin, —, Alex Harring, Jesse Pound, Michelle Fox
Organizations:
Bloomberg, Advance Magazine Publishers, BDO, Nasdaq, Intuit —, Intuit, LSEG, Carpenter Technology, JPMorgan, . Texas Pacific, Marathon Oil, ConocoPhillips
Locations:
Reddit