Gemini and Applied Materials Lower; Reddit Climbs | Stock Movers
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Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Gemini Space Station (GEMI) shares are lower after it posted a fourth consecutive quarterly loss since the IPO, with a second-quarter loss of $107.7 million, or 89 cents a share. - Applied Materials (AMAT) shares are lower even though it reported third-quarter results that beat expectations and gave a fourth-quarter forecast that is above the analyst consensus. - Reddit (RDDT) is rallying as the social media company is set to join the S&P 500 prior to the opening of trading on Aug. 18, according to a news release. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Check out more episodes of Stock Movers: https://www.youtube.com/playlist?list=PLe4PRejZgr0NxhJreY_kjMBdW8cvmNauU Visit us: https://www.bloomberg
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