AT&T outage, Royal Caribbean, Planet Fitness: Top Stocks
Cellular and internet service providers AT&T (T), Verizon (VZ), and T-Mobile (TMUS) are experiencing outages across the United States.
Royal Caribbean Cruises (RCL) stock pops after boosting its full-year guidance.
Gym chain Planet Fitness (PLNT) reports a fourth-quarter earnings beat, overshadowed by lackluster guidance while announcing the retirement of CFO Tom Fitzgerald.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.
Video Transcript
- We're about 30 minutes into the trading day. Let's take a look at how things are shaping up right now. Stocks jumping on Thursday, following AI darling NVIDIA's big earnings win, igniting a global tech rally in stocks here. You're taking a look at the NASDAQ. The tech heavy average is up 2.3% right now.
All right, let's take a look at some of those individual movers that are trending on Yahoo Finance. First up, shares of AT&T ticking slightly lower. You're looking at losses of about 2% actually here, after customers of major cell service providers reported outages. This is according to the tracking website downdetector.com. Now, T-Mobile and Verizon customers have also reported issues across the US, but AT&T users have by far the most, that's why we're seeing the most reaction in that share price, again, a name to keep on your radar today.
- We're also tracking shares of Royal Caribbean, climbing higher on cruise demand continuing to boom here. The cruise liner raising its full year guidance saying bookings are up significantly higher than they were a year ago. Royal Caribbean now expecting 2024 adjusted earnings per share to be between $9.90 and $10.10, that's compared to a prior range of $9.50 to $9.70 per share that the company forecast on February 1.
- All right, and we're also watching Planet Fitness this morning. The fitness center topping the Street's revenue and same store sales forecast, but provided a weaker annual growth outlook. Now in the company's latest results, Planet Fitness called 2024 a year of transition, after announcing Chief Financial Officer Tom Fitzgerald is going to retire in August, after holding the position for four years. Now, the camera wasn't on you but you really gave a fist pump there for that beat.
- That's my gym. Got my black card membership, take it everywhere I travel.
- You're very loyal.
- Yeah.
- Gym goer there.
- Some significant.
- Twice a year?
- When I travel.
