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5 Top Stock Gainers for Friday: Etsy, Airbnb, DraftKings

February 26, 2021
in Entertainment
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5 Top Stock Gainers for Friday: Etsy, Airbnb, DraftKings
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Stocks finished mixed Friday. The Dow dropped and tech stocks rebounded following a sharp selloff on Thursday.

Here are some of the top gainers Friday:

1. Etsy | Percentage Increase 11%

Etsy  (ETSY) – Get Report rose as analysts offered glowing commentary on the online artisanal-goods seller’s stronger-than-expected earnings. 

Revenue more than doubled to $617 million from $270 million. 

Jefferies analyst John Colantuoni lifted his share-price target to $260 from $245, while keeping his buy rating.

2. Airbnb | Percentage Increase 13%

Shares of Airbnb  (ABNB) – Get Report climbed after the vacation rentals company reported better-than-expected fourth-quarter revenue in its first financial report since going public in December. 

Revenue in the quarter fell 22%, to $859 million, compared with the FactSet consensus for $747 million.

3. WW International | Percentage Increase 11%

WW International  (WW) – Get Report advanced after the weight-loss program operator beat Wall Street’s fourth-quarter earnings expectations. 

Revenue totaled $323.4 million, while analysts at Zacks expected the company to post $311 million. Subscription revenue for the quarter totaled $286.6 million. 

The company also reported digital subscriber growth across all major geographic markets.

4. DraftKings | Percentage Increase 6.4%

Sports-betting platform DraftKings  (DKNG) – Get Report rose after posting better-than-expected fourth-quarter revenue and raising its 2021 sales guidance as sports — and wagering on it — came back stronger than expected amid the pandemic. 

Revenue about doubled to $322.2 million from $162.6 million.

5. Caesars Entertainment | Percentage Increase 9.8%

Caesars Entertainment  (CZR) – Get Report was climbing after the hotel and casino operator reported better-than-expected fourth-quarter results. 

The company reported a quarterly loss of $1.70 a share compared with the Zacks estimate of a loss of $1.77.


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