Twitter soars on big earnings beat, Chipotle sales jump, Ugg parent Deckers weighing sale

Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.

Twitter (TWTR) tops our list. The stock is flying high in early trading after the social media firm delivered earnings that were $0.10 better than analysts’ estimates. And even though Twitter’s revenue fell from a year ago, it still managed to beat expectations.

PepsiCo (PEP) posted better-than-expected earnings and revenue for the first quarter. The maker of Doritos, Gatorade and Quaker Oats benefited from higher prices, cost cutting and demand for its healthier drinks and snacks.

Investors are loaded up on shares of Chipotle (CMG) this morning. The stock is higher in early trading after the Mexican fast-food chain delivered a surprise beat on both its top and bottom lines for the first quarter as sales grew for the first time since its food crisis in 2015.

Deckers Outdoor (DECK) stock soared in early trading. The maker of Ugg boots, Teva sandals and other footwear is exploring strategic alternatives including putting itself up for sale. The company will provide an update of its plans when it reports quarterly results on May 25th.