Market Movers Today: Twitter Inc (TWTR), GrubHub Inc (GRUB), Tesla Inc (TSLA), USA Technologies, Inc. (USAT), and More

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Twitter Inc (NYSE:TWTR) (MarketWatch)
Twitter Inc. TWTR, +15.64% shares soared 12.6% in premarket trading after the company delivered better-than-expected financial results but posted flat user growth relative to the prior quarter. The company reported net income of $91.1 million, after a $167.1 million loss a year ago, and per-share earnings of 12 cents, compared with a 23-cent loss per share in the prior period. On an adjusted basis, the company grew net income to $141 million from $78 million and grew earnings per share to 19 cents from 11 cents.

GrubHub Inc (NYSE:GRUB) (The Motley Fool)
What happened: Shares of Grubhub Inc (NYSE:GRUB) were skyrocketing today after the online takeout marketplace posted another blowout earnings report and announced a new partnership with Yum! Brands (NYSE:YUM). The food delivery specialist beat estimates on both top and bottom lines, and the stock was up 31.2% as of 12:44 p.m. EST Thursday.

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USA Technologies, Inc. (NASDAQ:USAT) (Benzinga)
USA Technologies, Inc. shares gained 13.8 percent to $9.27 after the company posted upbeat quarterly results and raised its FY 2018 sales guidance.

Tesla Inc (NASDAQ:TSLA) (CNBC)
Tesla – Tesla reported an adjusted quarterly loss of $3.04 per share, smaller than the loss of $3.12 forecast by analysts. Its overall loss was its biggest ever. Revenue was roughly in line with forecasts, and the automaker said it was sticking to recently revised production forecasts for its model three. Tesla also said that its spending could rise this year.




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