SoFi Technologies, Inc. (NASDAQ:SOFI), Tesla, Inc. (NASDAQ:TSLA), Capri Holdings Ltd. (NYSE:CPRI), Joby Aviation, Inc. (NASDAQ:JOBY) and Deckers Outdoor Corp. (NYSE:DECK) are the top five trending tickers on Stocktwits Friday. Here’s a look at what grabbed retail investors’ attention.
SOFI, So High: A perennial favorite among retail traders, SoFi tops the list this week. The stock is marking new 52-week highs after gaining nearly 5% on Thursday ahead of its third-quarter earnings release next Tuesday. The Street is expecting the company to report earnings of 4 cents per share on revenue of $632.056 million, according to Benzinga Pro.
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TSLA Cools: Tesla shares are trading slightly lower Friday as traders lock in gains following the options-fueled rally which took the stock 22% higher on Thursday. Tesla reported its highest quarterly profit in more than a year on Wednesday, and CEO Elon Musk projected up to 30% growth in vehicle sales for the coming year.
CPRI On Sale: Capri Holdings shares are down 50% Friday after a judge blocked the handbag company's pending merger with Tapestry Inc. (NYSE:TPR). The FTC said the merger would result in rising prices and lower wages that would be unfair to consumers and employees.
SOFI, TSLA, CPRI, JOBY, DECK Price Action: According to Benzinga Pro, SoFi Technologies shares are up 3.48% at $11.31, Tesla shares are down 1.34% at $256.98, Capri Holdings shares are down 47.5% at $21.84, Joby Aviation shares are down 16.4% at $5.06 and Deckers Outdoor shares are up 13.5% at $172.56 at the time of publication Friday.
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