Stock Movers Today: TWTR, UPST, XPO, WDFC

The June Employment Situation report indicated an unemployment rate of 3.6%, which matched the estimate. Is the Consumer Sentiment report more indicative of how consumers will behave versus jobs numbers? Next, Alex Coffey weighs in on Upstart (UPST) stock price falling after cutting guidance. JMP Securities downgraded the UPST stock to market perform from outperform. The analyst stated that Upstart is impacted by a tighter funding environment and sees limited revenue visibility going forward. Also, Twitter (TWTR) stock price dropped after a price target cut, along with the Elon Musk deal uncertainty. Washington Post stated that Elon Musk’s bid to buy Twitter (TWTR) is in jeopardy. Twitter laid off 30% of its talent-acquisition team. Morgan Stanley upgraded XPO Logistics (XPO) to overweight. The analyst said that XPO shares are too cheap to ignore. Finally, Coffey discusses WD-40 (WDFC) stock price trading lower after lowering third quarter guidance.