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Today's Pre-Market Stock Movers: NIO, RIVN, AZN, BMBL and More

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Movers and Shakers wrote a column · Nov 10, 2022 07:03
Gapping up
$Fair Isaac(FICO.US)$ +11.55% (Its quarterly earnings beat analyst estimates and revenue grew in both its credit score and software units. The company, known for FICO credit scores, also gave an upbeat full-year forecast.)
$ZipRecruiter(ZIP.US)$ +13.9% (The online jobs site operator posted better-than-expected quarterly results and raised its full-year forecast. ZipRecruiter also announced a $200 million increase in its share repurchase program.)
$NIO Inc(NIO.US)$ +10.59% (The company posted a wider-than-expected quarterly loss, but said it expected deliveries to nearly double in the current quarter from a year ago.)
$Six Flags Entertainment(SIX.US)$ +14.99% (The theme park operator’s stock initially dipped in premarket trading after it missed top and bottom line estimates for its latest quarter. The company announced an agreement with investment firm H Partners that raised the cap on H Partners’ stake in the company to 19.9% from 14.9%.)
$Rivian Automotive(RIVN.US)$ +8.2% (The electric vehicle maker reported a narrower-than-expected quarterly loss and kept its production schedule intact, even in the face of supply chain issues.)
$Dutch Bros(BROS.US)$ +6% (The operator of hand-crafted beverage shops reported better-than-expected profit and revenue for its latest quarter. The company also raised its full-year revenue outlook.)
$AstraZeneca(AZN.US)$ +7.86% (The drug maker reported upbeat quarterly results and raised its full-year profit forecast. AstraZeneca’s results got a boost from strong sales of its cancer drugs.)
$WeWork(WE.US)$ +3.7% (It reported a wider-than-expected quarterly loss. WeWork also plans to exit about 40 underperforming locations this month.)
Gapping down
$Tapestry(TPR.US)$ -2% (The company behind the Coach and Kate Spade brands beat top and bottom line estimates for its latest quarter, but cut its full-year forecast for the impact of the strong U.S. dollar.)
$Bumble(BMBL.US)$ -3.97% (The company issued a weak current-quarter revenue forecast. The dating service operator said its users are renewing subscriptions at a slower rate as consumers cut back on discretionary spending in the face of inflation.)
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