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

by Euro Times
May 12, 2022
in Stock Market
Reading Time: 1 min read
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Take a look at the businesses making headlines in prolonged buying and selling.

Walt Disney — Disney shares rose about 1% in prolonged buying and selling after the corporate reported stronger-than-expected development in streaming subscribers throughout its media platforms for the latest quarter.

Bumble — The courting app operator’s shares jumped greater than 9% after the corporate reported $211.2 million in income for the primary quarter that exceeded analysts’ estimates of $208.3 million, in response to Refinitiv.

Past Meat — Shares fell greater than 20% after the maker of plant-based meat substitutes reported a wider-than-expected loss for its first quarter after providing reductions to worldwide customers in that interval. Income for the quarter additionally missed expectations.

Rivian — The electrical car maker noticed shares soar greater than 7% after reporting a narrower-than-expected loss for the primary quarter. The corporate maintained its 2022 manufacturing goal of 25,000 automobiles.



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