Stock Groups

Disney, Beyond Meat, Bumble Fall Premarket; Affirm Rises -Breaking

by Mike Robinson

[ad_1]

© Reuters.

Peter Nurse 

Investing.com — Focus on stocks in premarket trading Thursday, November 11th. Refresh to see the most recent updates.

  • Walt Disney The stock of (NYSE:) fell 5.6% following the report by the entertainment and media company that the subscription service Disney+ saw the lowest growth in subscribers since its launch, along with disappointing quarterly profit margins from the decision to close the theme parks.

  • Beyond MeatThe stock fell 19% on NASDAQ after the manufacturer of plant-based substitutes for meat reported a larger-than-expected quarterly loss as well as a disappointing fourth-quarter sales forecast.

  • ConfirmThe stock of (NASDAQ) rose more than 26% following the announcement by financial services firm NASDAQ (NASDAQ;), that it would expand its partnership with Amazon (NASDAQ :), and strong quarterly revenues, thanks to a surge in active customers on Amazon’s buy now, Pay later platform.

  • The Bumble The stock of (NASDAQ:) fell 9.3% following the first consecutive decline in user growth for dating app operator since February.

  • SoFi TechnologiesThe stock of (NASDAQ:) soared 15% following strong quarter-end earnings and strong product adoption. 

  • AMC Entertainment(NYSE) Stock fell 1.6% when it was revealed that Adam Aron, CEO of the company, had purchased $25 Million in shares. TeslaStock rose 2.4% after CEO Elon Musk sold $5 billion in shares. 

  • TapestryThe stock of (NYSE:) rose 5.6% following an increase in sales estimates by luxury fashion company, which was aided by strong demand for luxury products.

  • Honest Company The stock of (NASDAQ:) rose 9.4% following strong quarterly growth at the consumer goods firm, which was founded by Jessica Alba. This is due to demand for diapers, wipes, and other products.

  • JD.com(NASDAQ:) ADRs increased 4.3% following record-breaking sales at the Singles Day event by Chinese ecommerce giant.

 

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]