Shares making the largest strikes after hours: Disney, Bumble, Rivian and extra
Take a look at the businesses making headlines in prolonged buying and selling.
Walt Disney — Disney shares rose about 1% in prolonged buying and selling after the corporate reported stronger-than-expected progress in streaming subscribers throughout its media platforms for the newest quarter.
Bumble — The relationship app operator’s shares jumped greater than 9% after the corporate reported $211.2 million in income for the primary quarter that exceeded analysts’ estimates of $208.three million, in line with Refinitiv.
Past Meat — Shares fell greater than 20% after the maker of plant-based meat substitutes reported a wider-than-expected loss for its first quarter after providing reductions to worldwide customers in that interval. Income for the quarter additionally missed expectations.
Rivian — The electrical automobile maker noticed shares bounce greater than 7% after reporting a narrower-than-expected loss for the primary quarter. The corporate maintained its 2022 manufacturing goal of 25,000 autos.
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