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Stocks make the biggest moves after hours: Disney, Rivian and more

Find out which companies are making headlines in extended trading.

Walt Disney – Shares of Disney rose about 1% in extended trading after the company reported stronger-than-expected growth in streaming subscribers on its media platforms for the last quarter.

Bumble – Shares of the dating app operator jumped more than 9% after the company reported first-quarter revenue of $211.2 million, which beat analysts’ estimates of $208.3 million, according to Refinitiv.

Beyond Meat – Shares fell more than 20% after the maker of plant-based meat substitutes reported a bigger-than-expected loss for its first quarter after offering discounts to international consumers during of this period. Revenue for the quarter also exceeded expectations.

Rivian – The electric vehicle maker saw its shares jump more than 7% after reporting a weaker-than-expected first-quarter loss. The company maintained its 2022 production target of 25,000 vehicles.

Stocks make the biggest moves after hours: Disney, Rivian and more

Source link Stocks make the biggest moves after hours: Disney, Rivian and more

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