Finance

FedEx, T-Mobile, Uber & more

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A FedEx logo on a delivery truck

Jin Lee | Bloomberg | Getty Images

Check out the companies making headlines in midday trading. 

T-Mobile — Shares of the wireless provider surged more than 8% to a new 52-week high on Friday following its better-than-expected quarterly earnings. T-Mobile earned 9 cents on revenue of $17.67 billion, compared to estimates of 7 cents on revenue of $17.61 billion, according to Refinitiv.

Groupon — Shares of  Groupon soared more than 43%, on pace for its best day ever back to its IPO in 2011. The surge came after the online marketplace reported a narrower-than-expected second-quarter loss and revenue that was more than double analyst estimates. Groupon posted a loss of 93 cents per share on revenue of $396 million. Analysts estimated a loss per share of $2.75 on revenue of $183 million, according to FactSet.

Dish Network — Shares of Dish Network jumped 4% after the satellite TV company reported better-than-expected quarterly results. Dish posted earnings of 78 cents per share in the last quarter, 19 cents above estimates, according to Refinitiv. Its revenue also…



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https://www.cnbc.com/2020/08/07/stocks-making-the-biggest-moves-midday-fedex-t-mobile-uber-more.html

UPDATE — Ebix Reports $28.8M of Operating Cash Flow Despite COVID-19 Nasdaq:EBIX

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