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Zoom, Coeur Mining, Netskope And An Industrial Stock On CNBC's 'Final Trades'
Coeur Mining, Inc. CDE | 24.84 | -2.38% |
Delta Air Lines, Inc. DAL | 66.37 | -1.67% |
Netskope, Inc. Class A NTSK | 16.14 | +4.67% |
Zoom Video Communications ZM | 94.06 | -1.47% |
On CNBC's “Halftime Report Final Trades,” on Thursday, Malcolm Ethridge, managing partner at Capital Area Planning Group, named Netskope, Inc. (NASDAQ:NTSK) as his final trade.
Netskope reported third-quarter losses of 10 cents per share, which beat the analyst consensus estimate of losses of 40 cents per share. The company reported quarterly sales of $184.200 million which beat the analyst consensus estimate of $175.919 million.
With gold trading above $4,300 and silver trading above $63, Bill Baruch, founder and president of both Blue Line Capital and Blue Line Futures, picked Coeur Mining, Inc. (NYSE:CDE).
Lending support to his choice, TD Securities analyst Wayne Lam, on Nov. 11, maintained Coeur Mining with a Buy and raised the price target from $23 to $25.
Don't forget to check out our premarket coverage here
Jim Lebenthal, partner at Cerity Partners, said Delta Air Lines, Inc. (NYSE:DAL) surged to an all-time high on Thursday.
BMO Capital Markets analyst Michael Goldie initiated coverage of Delta Air Lines on Dec. 9 with an Outperform rating and a $80 price target.
Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, named Zoom Communications, Inc. (NASDAQ:ZM) as his final trade.
On the earnings front, Zoom posted third-quarter revenue of $1.23 billion on Nov. 24, beating the consensus estimate of $1.21 billion. The company reported third-quarter adjusted earnings of $1.52 per share, beating analyst estimates of $1.44 per share, according to Benzinga Pro.
Price Action:
- Coeur Mining shares jumped 9.5% to close at $17.48 on Thursday.
- Netskope gained 4.4% to settle at $23.50 during the session.
- Delta Air gained 0.9% to close at $70.56 on Thursday.
- Zoom jumped 2.5% to settle at $90.24 during the session.
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Photo: Shutterstock


