Here are some of the biggest movers of Tuesday, ahead of a big slate of earnings reports.
Stock gainers:
Shares of F5 Inc. rallied 12% after the cloud security company beat Street estimates for the quarter.
NXP Semiconductors NV shares
NXPI,
rose 2% after the chip maker — which gets more than half its sales from auto makers — topped Wall Street expectations ahead of a Tuesday conference call with analysts at 8 a.m. Eastern. NXP’s results come just before the earnings of another big auto supplier, Texas Instruments Inc.
TXN,
which reports Tuesday after the close of markets.
Stock decliners:
Cadence Design Inc. stock
CDNS,
dropped as much as 4% after the company raised its outlook for the year, but its forecast for the current quarter fell short of expectations.
Goldman Sachs shares
GS,
slipped 1% as analysts at Citi downgraded the stock to neutral from buy.
Tupperware Brands Corp.
TUP,
shares gave back some of their gains late Monday, off 6% in the extended session after ending 75% higher in the regular session, their best day on record.
