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.

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.

Is It A Good Time to Be a Stock Picker? Interview With Worm Capital

Fractional Shares Stock PickerValueWalk's Raul Panganiban interviews Eric Markowitz, Director of Research, and Dan Crowley, Director of Portfolio Management, at Worm Capital. In today’s episode they discuss their approach at Worm Capital and where they find opportunities. Q4 2020 hedge fund letters, conferences and more Interview with Worm Capital's Eric Markowitz and Dan Crowley  

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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