Check out the companies making headlines before the bell: Walt Disney — The media giant slid more than 4% even after Walt Disney Company posted fiscal second-quarter earnings that beat expectations, bolstered by after narrowing streaming losses. Hims & Hers Health — The stock surged 14% after the telehealth consultation platform posted second-quarter revenue guidance that topped estimates.
It is forecasting $649 million to $653 million in revenue for the current quarter, versus the LSEG consensus estimate of $653 million. Lucid Group — The electric vehicle maker dropped 8% after releasing its latest results. Lucid posted a loss of 30 cents per share, based on generally accepted accounting principles, and reaffirmed its 2024 production guidance of about 9,000 vehicles. Revenue came in at $173 million, beating an estimate of $157 million.
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Hims & Hers CEO walks back supporting campus protests after company stocks tankThe CEO had initially said that there are 'plenty' of companies ready to hire the protesters, 'regardless of university discipline.
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