Discover the ones that make headlines before the bell rings:
Tapestry (TPR): The company behind the Coach and Kate Spade brands beat earnings and net profit source estimates for its latest quarter, but lowered its full-year guidance due to the influence of the strength of the US dollar and Covid-19. Related Chinese restrictions. Tapestry fell 2% in premarket trading.
Nio (NIO) – The China-based electric car maker posted a bigger-than-expected quarterly loss, but said it expects deliveries to nearly double in the current quarter from a year earlier. Nio shares rose 5. 5% in premarket trading.
WeWork (WE): Shared company inventory fell 1. 7% in pre-marketing after reporting a larger-than-expected quarterly loss. WeWork also plans to leave about 40 underperforming locations this month.
Six Flags (SIX): The theme park operator’s stock plunged into premarket trading for the first time after lacking estimates of the most sensible and negative figures for its latest quarter. However, it recovered to a profit of 2. 9% after signing an agreement with the investment corporation. H Partners which raised the cap on H Partners’ stake in the company from 14. 9% to 19. 9%.
Rivian (RIVN) — Rivian rose 8. 2% in after-hours trading after the EV maker reported a smaller-than-expected quarterly loss and kept its production schedule intact, even in the face of chain problems.
Dutch Bros (BROS): Dutch Bros. inventory rose 3. 8% in pre-marketing after the craft beverage store operator reported better-than-expected earnings and earnings for its latest quarter. The company also raised its full-year profit outlook.
AstraZeneca (AZN) – AstraZeneca gained 4. 8% in premarket trading after the drugmaker reported positive quarterly effects and raised its full-year profit forecast. AstraZeneca’s effects were boosted by sales of its cancer drugs.
Bumble (BMBL) – Bumble fell 14% in premarket inventory after issuing weak earnings forecasts for the existing quarter. The dating service operator said its users are renewing their subscriptions at a slower rate as consumers spend discretionally in the face of inflation.
Fair Isaac (FICO): Fair Isaac posted a 10. 4% premarket rally after quarterly earnings beat analysts’ estimates and boosted gains in its credit rating and software units. The company, known for its FICO credit ratings, also gave positive forecasts for the full year.
ZipRecruiter (ZIP): ZipRecruiter jumped 12. 6% in premarket trading after the online task board operator reported better-than-expected quarterly effects and raised its full-year forecast. ZipRecruiter also announced a $200 million accrual in its percentage buyback program.
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