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Top Stock Movers Now: Apple, AbbVie, Deckers Outdoor, and More


Published on 2025-01-31 14:01:09 - Investopedia
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  • U.S. equities were mostly higher at midday on positive tech earnings news and a report showing December inflation came in as expected.

The article from Investopedia discusses the recent performance of several key stocks in the market. Apple Inc. experienced a significant drop in its stock price after reporting a decline in iPhone sales and providing a disappointing forecast for the next quarter, despite beating earnings expectations. AbbVie Inc. saw its shares rise after reporting better-than-expected earnings and raising its full-year guidance, driven by strong sales of its key drugs like Humira, Skyrizi, and Rinvoq. Deckers Outdoor Corp. shares surged following an earnings report that exceeded expectations, particularly due to robust sales of its Hoka and Ugg brands. Other notable movements included Tesla Inc., which saw its stock decline after missing delivery expectations, and Nvidia Corp., which continued to benefit from the AI boom, pushing its stock price higher. The article also touches on broader market trends, including reactions to economic indicators and Federal Reserve actions.

Read the Full Investopedia Article at:
[ https://www.investopedia.com/top-stock-movers-now-apple-abbvie-deckers-outdoor-and-more-8783838 ]