Stocks making the biggest moves after hours: Disney, Rivian and more
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Look at these companies that are making waves in extended trading.
Walt Disney — Disney shares rose about 1% in extended trading after the company reported stronger-than-expected growth in streaming subscribersacross the media channels for its most recent quarter.
Bumble — The dating app operator’s shares jumped more than 9% after the company reported $211.2 million in revenue for the first quarter that exceeded analysts’ estimates of $208.3 million, according to Refinitiv.
Beyond Meat — Shares fell more than 20% after the maker of plant-based meat substitutes reported a wider-than-expected lossAfter offering international customers discounts in the previous quarter, this was its first quarter. Also, revenue for this quarter was below expectations.
Rivian — The electric vehicle maker saw shares jump more than 7% after reporting a narrower-than-expected loss for the first quarter. Company maintained the 2022 target for 25,000 vehicles.
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