Disney Rises Premarket; Airbnb and Doordash fall By Investing.com

Š Reuters.

By Peter Nurse

Investing.com – Stocks in the spotlight in pre-market trading on Friday, August 13. Please refresh for updates.

  • Walt Disney (NYSE 🙂 shares rose 4.6% after the entertainment giant reported strong numbers for the current quarter, with its impressive streaming services and US theme parks hit by the pandemic returned to the profitability.

  • Airbnb (NASDAQ 🙂 the stock fell 2.2% after the home rental app warned that current quarter bookings could be affected by the delta variant and are expected to slow from Q2 and stay in. below 2019 levels.

  • DoorDash (NYSE 🙂 the stock fell 4.4% after the food delivery service reported a larger-than-expected loss as it spent a lot to expand internationally. It managed to beat quarterly income estimates as the surge in food deliveries in the pandemic era remained strong.

  • SoFi Technologies (NASDAQ 🙂 the stock fell 12% after the financial technology company’s quarterly profit fell below its first earnings report.

  • Honest business (NASDAQ 🙂 the stock fell 9.1% after the company, led by Hollywood star Jessica Alba, which sells eco-friendly personal care products, missed its quarterly revenue and profit estimates .

  • Contextual logic (NASDAQ 🙂 the stock fell 25% after the ecommerce platform’s second quarter performance was disappointing, with its net loss increasing, revenue falling and the number of users.

  • Activision Blizzard (NASDAQ 🙂 the stock rose 1.2% after Citigroup (NYSE 🙂 upgraded its investment position in the video game company to “buy” from “neutral,” saying a rough stretch in the stock now creates value.

  • Kansas City South (NYSE 🙂 shares fell 0.4% after the rail operator rejected a $ 27 billion takeover offer from Canadian Pacific (NYSE 🙂 Railway, saying it was no better than the $ 29 billion deal it currently has with Canadian National.

  • Ziprecrutor (NYSE 🙂 shares rose 12% after the online jobs company easily beat earnings expectations and made optimistic comments about the remainder of 2021.
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