Stocks making the biggest moves premarket: Walt Disney, Hims & Hers, Palantir and more

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Palantir Technologies Inc News

Lucid Group Inc,Walt Disney Co,Rocket Lab USA Inc

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

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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