Check out the companies making headlines before the bell. Starbucks — Shares of the coffee giant jumped 5.6% after Starbucks' quarterly earnings and revenue exceeded analysts' expectations. The company's same-store sales also rose by 8%, driven by higher average checks and a 3% increase in customer traffic to Starbucks cafes. Domestic locations outperformed. SolarEdge — The solar stock plunged 16.
Roku — The streaming video platform stock surged 18% after Roku's third-quarter revenue and fourth-quarter guidance topped expectations. The company generated $912 million in revenue, compared to the $855 million predicted by Wall Street analysts, according to LSEG, as active accounts rose above 75 million. Roku's fourth-quarter guidance for revenue and a key profitability metric also topped expectations, according to Street Account. Peloton — Shares of Peloton plunged about 6.
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Source: MarketWatch - 🏆 3. / 97 Read more »
Source: MarketWatch - 🏆 3. / 97 Read more »