Viasat Misses the Mark on Earnings, Dips Midday

Viasat Misses the Mark on Earnings, Dips Midday

MakeMyTrip Limited (NASDAQ:MMYT), Qiwi PLC (NASDAQ:QIWI) and Tiffany & Co. (NYSE:TIF) are today’s top gainers midday. ViaSat, Inc. (NASDAQ:VSAT),, inc. (NYSE:CRM) and QuickLogic Corporation (NASDAQ:QUIK) the losers.

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Makemytrip Limited Mauritius Surges

Travel services company MakeMyTrip Limited (NASDAQ:MMYT) is today’s top midday gainer, surging +18.32% following its quarterly earnings announcment. MMYT reported revenues of $60.85 million for the quarter, compared to the consensus estimate of $55.19 million. Tiger Global owns 7.18 million shares of the company and initiated its position in September 2010.

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Following MMYT is Qiwi PLC (NASDAQ:QIWI). The payment operator’s share price jumped +15.78% today. QIWI is also a Tiger pick.

Tiffany & Co. (NYSE:TIF) takes the third spot on today’s list of gainers, up +8.56% midday. Billionaires Richard Chilton and Steve Mandel have positions in the company.

Viasat Misses Earnings Expectations

ViaSat, Inc. (NASDAQ:VSAT) dipped -9.01% today after missing quarterly earnings estimates. Seth Klarman owns 11.39 million VSAT shares., inc. (NYSE:CRM) slipped -5.16% today and is down -9.02% YTD. The CRM tool is a George Soros and Ray Dalio bet.

Down -4.86% midday is QuickLogic Corporation (NASDAQ:QUIK), one of George Soros’ new Q1 picks.

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