Market Movers | Expedia Soars 15%; Grindr Surges 12%; Affirm Pops 9%; Akamai Jumps 8%; Peloton Gains 7%

Online travel platform Expedia boosted its forecast for 2025 revenue growth, after beating Wall Street estimates for third-quarter profit, helped by strong demand from its business clients, sending its shares 15%.

Grindr shares jumped 12% after reporting better-than-expected Q3 earnings and sales. Last month it received a take-private proposal from its majority investors that would value the company at $3.5 billion.

Affirm shares advanced 9% after upwardly revising its guidance for fiscal-year 2026 gross merchandise volume after delivering a double-beat on Q1 earnings and revenue.

Akamai shares gained 8% after the cybersecurity and cloud computing company reported third-quarter earnings that exceeded analyst expectations and provided an optimistic outlook for the remainder of the year.

Peloton shares jumped 7% after it shared a stronger-than-anticipated holiday quarter forecast, as it aims to reposition itself as a holistic wellness brand and regain profitability after its first hardware revamp in years.

Monster Beverage shares gained 7% after third-quarter results topped expectations, helped by strong global demand for its expanding portfolio of energy drinks.

Airbnb shares rose 1% after the company reported third-quarter results that beat analysts’ estimates for revenue and offered rosy guidance.