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Home Market Insider

Stocks making the biggest moves after hours: Disney, Rivian and more

by admin
May 11, 2022
in Market Insider
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Check out the firms making headlines in prolonged buying and selling.

Walt Disney — Disney shares rose about 1% in prolonged buying and selling after the firm reported stronger-than-expected growth in streaming subscribers throughout its media platforms for the most up-to-date quarter.

Bumble — The relationship app operator’s shares jumped more than 9% after the firm reported $211.2 million in income for the first quarter that exceeded analysts’ estimates of $208.3 million, in response to Refinitiv.

Beyond Meat — Shares fell more 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. Revenue for the quarter additionally missed expectations.

Rivian — The electrical automobile maker noticed shares bounce more than 7% after reporting a narrower-than-expected loss for the first quarter. The firm maintained its 2022 manufacturing goal of 25,000 autos.



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