— Shares of the fintech company slid more than 10% in extended trading after the firm reported a quarterly loss amid higher noninterest expense. SoFi posted a 48-cent loss per share, compared with a loss a year ago of 3 cents a share.
— The food delivery company's shares dropped over 6% in after-hours trading after its earnings report. DoorDash posted a loss of 30 cents per share in the second quarter, wider than the 6 cents analysts were expecting, according to FactSet. Its total orders jumped 69% as the economy started to reopen, the company said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves midday: Coinbase, Virgin Galactic and moreTake a look at the stocks making notable moves on Wednesday, Aug. 11.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Palantir, CyberArk, Utz, eBay and othersThese are the stocks posting the largest moves before the bell. good Investing in stock is better than investing in silver
Source: CNBC - 🏆 12. / 72 Read more »
Opinion | Disney tries to make Scarlett Johansson the villain in streaming lawsuitOpinion | Danny Cevallos: 'Whether someone is making $20,000,000 per movie or $20 per hour, a deal is a deal. One party cannot breach a contract and then claim it’s OK because the injured party is rich.' - NBCNewsTHINK THINK I guess Disney won't be happy until they get *all* the money and not just *damn near all* of it. THINK 635000 Americans died from Covid leaving millions grieving. Now an actress wants extra $ (reasonable) BUT complains Disney should have opened film only in theaters (unreasonable) putting countless families at risk since kids aren’t vaccinated. Grow up, self-centered Scarlet. THINK You haven't heard the Rock try to sue Disney when they release Jungle Cruise on Disney Plus. You know why? He's a better businessman.
Source: NBCNews - 🏆 10. / 86 Read more »
Disney faces more doubts as delta variant prolongs pandemic fearsDisney earnings preview: Concerns about all of Disney’s businesses beyond streaming are ramping back up as variant increases fears about movie and theme park businesses.
Source: MarketWatch - 🏆 3. / 97 Read more »