Market Insider

In this article

Close-up detail of the Disney+ app icon on an Apple iPhone 12 Pro smartphone screen.
Phil Barker | Future Publishing | Getty Images

Check out the companies making headlines in extended trading.

Walt Disney — Disney shares rose about 1% in extended trading after the company reported stronger-than-expected growth in streaming subscribers across its media platforms for the most recent quarter.

Bumble — The dating app operator’s shares jumped more than 9% after the company reported $211.2 million in revenue for the first quarter that exceeded 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 wider-than-expected loss for its first quarter after offering discounts to international consumers in that period. Revenue for the quarter also missed expectations.

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

Articles You May Like

No slowdown in spending among the wealthy on this Bahamian island
3 Absurdly Expensive Stocks to Sell Now Before It’s Too Late
Top Wall Street analysts like these dividend stocks for portfolio income
Gap Isn’t an AI Stock, But It Has Years of Upside Surprises Ahead
PLTR Stock: Why Wall Street Skepticism and Stiff Competition Spell Trouble