— Shares of the Weight Watchers parent said soared more than 17% after the company said it had 4.9 million subscribers as of June 6, up 7% from a year earlier. Digital subscribers hit an all-time high, getting a boost as more people stayed at home due to the COVID-19 pandemic.— Shares of the home construction company ticked about 2% higher after reporting better-than-expected quarterly earnings. Lennar reports earnings per share of $1.
65 on revenue of $5.29 billion. Analysts polled by Refinitiv were expecting earnings per share of $1.18 on revenue of $5.25 billion.— The energy producer cratered more than 16% on reports its preparing to file for bankruptcy as soon as this week, according to people familiar with the matter who spoke to Reuters. The company is said to be in the final stages of negotiation $900 million loan to support operations while under Chapter 11 bankruptcy protection.
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