Movers Archives - Page 195 of 2348

2 minute read

Why Robinhood Markets Stock Is Rallying Thursday

May 9, 9:15 AM

Roboinhood shares are rising Thursday after the company reported better-than-expected financial results for the first quarter. Total revenue was up 40% on a year-over-year basis. Transaction-based revenue was up 59% year-over-year to $329 million, primarily driven by cryptocurrency revenue of $126 million, which was up 232% year-over-year.

HOOD

2 minute read

What’s Going On With AMC Entertainment Stock Thursday?

By Adam Eckert

May 9, 9:15 AM

After the market close on Wednesday, AMC reported first-quarter revenue of $951.4 million, beating estimates of $871.002 million, according to Benzinga Pro. The company reported a quarterly loss of 78 cents per share, beating estimates for a loss of 79 cents per share.

AMC

2 minute read

Investors Are Selling Airbnb Stock Thursday: What’s Going On?

By Adam Eckert

May 9, 9:14 AM

Airbnb shares are trading lower Thursday on the heels of the company's first-quarter financial results. Airbnb said its strong revenue results were primarily driven by continued strength in travel demand and the timing of Easter.

ABNB

1 minute read

What’s Going On With Beyond Meat Shares Thursday?

By Nabaparna Bhattacharya

May 9, 9:08 AM

Beyond Meat shares are down in premarket trading following disappointing first-quarter financial results, including an 18% year-over-year revenue decrease and a decrease in gross profit, amidst ongoing challenges such as declining revenue and significant cash burn.

BYND

2 minute read

Warner Bros. Discovery’s Q1 Revenue Drops as Audience and Market Challenges Persist

By Anusuya Lahiri

May 9, 9:05 AM

Warner Bros. Discovery reported Q1 2024 revenue decline of 7%, missing consensus, with EPS loss of $(0.40). DTC revenues flat, total subs at 99.6M.

DIS

1 minute read

Doughnut Delight: Krispy Kreme Sticks To FY24 Outlook Amid Solid Q1, Global Demand

By Shivani Kumaresan

May 9, 8:59 AM

Krispy Kreme shares surge post-reporting Q1 FY24 earnings, beating estimates with $442.698M in sales, up 5.7% Y/Y. Organic revenue grows 6.7%, driven by digital sales up 340 bps to 23.0% of total. CEO Josh Charlesworth notes robust demand, setting records with global brand activations like Valentine's Day doughnuts. FY24 outlook reaffirmed: net revenue growth of 5%-7% and adjusted EPS of $0.27-$0.31.

DNUT

1 minute read

Roblox Issues Subpar Outlook, Stock Tanks To Yearly Low

By Anusuya Lahiri

May 9, 8:55 AM

Roblox Corp (NYSE: RBLX) reported 19% YoY growth in Q1 bookings to $923.80M, beating analyst estimates. Adjusted EPS loss of $(0.43) also beat expectations. Stock dropped 28.3% premarket.

IAS

3 minute read

Why AppLovin Shares Are Trading Higher By 15%; Here Are 20 Stocks Moving Premarket

By Avi Kapoor

May 9, 8:13 AM

Shares of AppLovin Corporation (NASDAQ:APP) rose sharply in today’s pre-market trading after the company reported better-than-expected first-quarter financial…

AIXI