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Facebook, Inc. (NASDAQ: FB) stock traded
higher by more than 8 percent Thursday morning in reaction to its
first quarter results after Wednesday's close. During the earnings conference call, CEO Mark Zuckerberg reaffirmed the social
media company's commitment to security and privacy.
Chipotle Mexican Grill, Inc. (NYSE: CMG) was trading
higher by more than 15 percent. The casual fast-food chain reported
an EPS beat but a slight revenue miss in its first quarter results Wednesday afternoon. Multiple Wall Street firms, including
BTIG Research and Cannacord Genuity, upgraded the stock to a bullish rating.
Restaurant Brands International Inc (NYSE: QSR) was
trading a bit lower. Notable short seller Jim Chanos made the
case for shorting the parent company of multiple restaurant brands, during his appearance on CNBC.
Catabasis Pharmaceuticals Inc (NASDAQ: CATB)
was trading higher by nearly 3 percent. The biopharmaceutical company highlighted data which shows its edasalonexent therapy
slowed
the disease progression in boys with Duchenne muscular dystrophy.
Ceridian HCM Holding Inc (NYSE: CDA) priced its initial public offering of 21 million shares at $22 each. The software
maker, which is backed by Thomas H. Lee Partners will see its stock trade on Thursday with a valuation of nearly $3
billion.
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