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Stocks making the greatest relocations after hours: Disney, Rivian and more

Byadmin2

May 11, 2022
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Have a look at the business making headings in prolonged trading.

Walt Disney— Disney shares increased about 1% in prolonged trading after the business reported stronger-than-expected development in streaming customers throughout its media platforms for the most current quarter.

Bumble— The dating app operator’s shares leapt more than 9% after the business reported $211.2 million in earnings for the very first quarter that surpassed experts’ quotes of $208.3 million, according to Refinitiv.

Beyond Meat— Shares fell more than 20% after the maker of plant-based meat replacements reported a wider-than-expected loss for its very first quarter after providing discount rates to worldwide customers because duration. Earnings for the quarter likewise missed out on expectations.

Rivian— The electrical lorry maker saw shares leap more than 7% after reporting a narrower-than-expected loss for the very first quarter The business preserved its 2022 production target of 25,000 cars.

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