Stocks making the biggest moves premarket: Disney, Airbnb, Rivian, Amgen and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 20 min. at publisher
  • 📊 Quality Score:
  • News: 77%
  • Publisher: 72%

Rivian Automotive Inc News

Amgen Inc,Super Micro Computer Inc,Advanced Micro Devices Inc

These are the stocks posting the largest moves in premarket trading.

Check out the companies making headlines before the bell. Disney — Shares were down about 1% after the media giant reported quarterly results that beat analyst expectations, thanks in part to strong performance at its streaming unit. The company earned $1.39 per share, excluding items, on revenue of $23.16 billion. Analysts expected a profit of $1.19 per share on revenue of $23.07 billion, per LSEG.

Optimism around the popular weight-loss drug has helped push shares up more than 25% year to date, but the latest report is raising worries that it is seeing pressure from Eli Lilly's Mounjaro and Zepbound. Rivian — Shares of the electric vehicle company fell 9% after a second-quarter report showed a widening net loss. Rivian reported a net loss of $1.46 billion, compared to $1.2 billion last year. The company did beat expectations on some metrics. An adjusted loss of $1.13 per share and $1.

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:

 /  🏆 12. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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 after hours: Airbnb, Super Micro Computer, Tripadvisor, Wynn Resorts and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Walt Disney, DexCom, McDonald's, On Semiconductor and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks bounce back from sell-off, and Disney gives investors a win ahead of earningsEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Source: CNBC - 🏆 12. / 72 Read more »