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Today's Pre-Market Stock Movers: TSM, WMT, VOD, TME and More

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Movers and Shakers wrote a column · Nov 15, 2022 07:46
Gapping up
$Walmart(WMT.US)$ +7.31% (Shares of Walmart jumped after the retailer reported revenue that topped analysts' expectations and raised its fiscal-year guidance.)
$Energizer Holdings(ENR.US)$ +6.55% (The maker of Energizer and Rayovac batteries reported better-than-expected quarterly results. Energizer’s results came despite what the company calls a volatile operating environment with significant headwinds.)
$Taiwan Semiconductor(TSM.US)$ +10.9% (Taiwan Semiconductor rallied in off-hours trading after $Berkshire Hathaway-B(BRK.B.US)$ disclosed in a Securities and Exchange Commission filing that it had bought more than $4.1 billion of the chip maker’s stock during the third quarter.)
$Bath & Body Works(BBWI.US)$ +2.8% (Investor Dan Loeb’s Third Point revealed a $265 million purchase in the retailer’s stock in its quarterly SEC filing.)
$Estee Lauder(EL.US)$ +2.1% (Estee Lauder is close to a deal to buy high-end fashion company Tom Ford for roughly $2.8 billion, according to people familiar with the matter who spoke to The Wall Street Journal. It would be the cosmetics company’s largest-ever acquisition. )
$Tencent Music(TME.US)$ +9.7% (The company reported better-than-expected quarterly profit and revenue. The China-based music streaming service benefited from an increase in the number of paying subscribers.)
Gapping down
$Vodafone(VOD.US)$ -4.1% (the mobile operator cut its earnings guidance and cash flow forecast, pointing to a challenging economic environment.)
$Getty Images(GETY.US)$ -11.8% (The company's quarterly revenue fell short of Wall Street forecasts, although the visual content marketplace operator did see earnings top consensus.)
$Home Depot(HD.US)$ -1.1% (The company beats top and bottom line estimates for its latest quarter but merely reaffirming its full-year earnings forecast.)
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