Waitr Holdings Inc WTRH:NASDAQ

Last Price$0.19NASDAQ Previous Close - Last Trade as of 4:00PM ET 5/25/22

Today's Change+0.01(6.26%)
Bid (Size)$0.19 (1)
Ask (Size)$0.21 (62)
Day Low / High$0.18 - 0.20
Volume1.6 M

Sector Update: Tech Stocks Gain, Bolstering Market's Late Push Higher Wednesday

3:54PM ET 10/13/2021 MT Newswires
Technology stocks extended modest gains late in Wednesday's session, with the Technology Select Sector SPDR ETF (XLK) rising 0.4% while the Philadelphia Semiconductor Index gained 0.3%.

In company news, SAP (SAP) gained 5.2% after the German software giant reported a preliminary Q3 profit of 1.74 euros ($2.01) per share, up from non-IFRS earnings of 1.70 euros a year earlier and beating the Capital IQ consensus looking for normalized net income of 1.34 euros per share for the three months ended Sept. 30.

Wipro (WIT) rose 7.5% after the Indian information technology services provider reported net income of 5.35 rupees ($0.07) per share for its fiscal Q2 ended Sept. 30, up from 4.32 rupees per share a year earlier and beating the Capital IQ consensus expecting 5.2 rupees per share. Revenue grew nearly 40% year-over-year to 196.67 billion rupees, also exceeding the 192.36 billion rupees Street view.

Waitr Holdings (WTRH) jumped almost 50% after Morgan Stanley disclosed owning more than 12.1 million shares for a 10.3% stake in the online food delivery company.

Vimeo (VMEO) climbed more than 14% after the video-sharing platform reported a 33% increase in September revenue from a year earlier, keeping pace with August's year-over-year growth rate after a 35% year-on-year gain in July.