Stock Price Movement of Meta, Teladoc, and more Companies

Meta – Stock Prices Surged by 16%

The share prices for Meta have surged by 16% in the premarket action. The share prices for the tech company experienced a surge after sharing its earnings for the first quarter of 2022. In the earnings report, Meta revealed it generated better than expected revenue and earnings.

Meta also revealed that it had recorded a massive decline in the daily users on the platform. However, the user base has fully recovered in the first quarter of 2022, which is quite promising for the company. So far, the performance of Meta has achieved and exceeded the expectations set by the analysts.

Teladoc – Stock Prices Dipped by 43%

The share prices for Teladoc observed a tremendous dip in the premarket trading. The report shows that the share prices for Teladoc experienced a 43% dip after sharing its earnings for the first quarter of 2022.

The company experienced a dip after sharing its earnings for the first quarter of 2022. For the respective quarter, Teladoc reported it generated fewer earnings than the estimations made by the analysts at FactSet.

According to Teladoc, the estimations made by the analysts at FactSet were $568.7 million in revenue and a loss of 60 cents per share. The actual earnings Teladoc officials reported were $565.4 million in revenue and a loss of $41.58 per share.

McDonald’s – Stock Prices Surged by 2%

The share prices of McDonald’s have experienced a 2% surge in the premarket action. The share prices for McDonald’s recorded a surge after sharing its earnings for the first quarter of 2022.

For the respective quarter, McDonald’s reported it generated revenue worth $5.67 billion. The estimation that the analysts at Refinitiv made surrounding the revenue was worth $5.59 billion.

McDonald’s also reported that it recorded a 3.5% in its sales for the first quarter of 2022 versus the same quarter of 2021. The executives reported that they have recorded even higher growth in sales compared to the same quarter of 2021 in the international markets.

Southwest Airlines – Shares Surged by 3%

The share prices for Southwest Airlines experienced a 3% surge in post-market trading. The share prices for Southwest Airlines experienced a surge after sharing an outlook that is promising for the investors.

For the rest of the year, Southwest Airlines has shared a positive and promising outlook. For the second quarter of 2022, Southwest Airlines has upgraded its revenue to 12%. Previously, Southwest Airlines had set the revenue for the second quarter to 8%.

As for the first quarter of 2022, Southwest Airlines has reported that the analysts had predicted the company would incur a loss of 30 cents per share. However, Southwest Airlines ended up experiencing a loss of 32 cents per share.