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Midday movers: Roku, Shopify, DocuSign and more

By Liz Moyer

Investing.com -- Stocks were falling on Thursday as stronger-than-expected producer price data renewed concerns about higher interest rates for longer. Here are the midday movers for Feb. 16.

  • Roku Inc (NASDAQ:ROKU) shares were up 16.5% after the streaming device maker posted a narrower-than-expected loss and said it added 4.6 million new accounts in the recent quarter, more than expected. 
  • Shopify Inc (NYSE:SHOP) shares fell 15.8% after the e-commerce platform for businesses provided weaker-than-expected guidance for the first quarter, including slowing revenue growth.

  • DocuSign Inc (NASDAQ:DOCU) shares rose 3.6% after the e-signature company announced a second round of job cuts, saying it will cut 10% of its staff. 

  • TravelCenters of America LLC (NASDAQ:TA) shares soared 70% after BP (NYSE:BP) announced plans to buy the fueling station and convenience store operator in a $1.3 billion all-cash deal.

  • Twilio Inc (NYSE:TWLO) shares rose 17% reporting better-than-expected quarterly earnings. The cloud communications company also announced plans to buy back $1B of its shares.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.