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Warner Bros, Moderna, Under Armour and Lyft rise premarket

investing.com 07/11/2024 - 12:51 PM

US Stock Futures Edge Higher

Investing.com — US stock futures edged higher Thursday, continuing the positive tone seen in the previous session after Donald Trump won the US presidency.

Here are some of the biggest premarket US stock movers today:

Warner Bros Discovery (NASDAQ:WBD)

  • Stock rose 3.8% after the mass media giant reported a surprise third-quarter profit but missed revenue estimates due to fewer blockbuster releases.

Under Armour (NYSE:UA)

  • Stock rose 12% after the sportswear maker raised its annual profit forecast, focusing on cost-saving strategies and increasing full-price sales of clothing and shoes.

Tapestry (NYSE:TPR)

  • Stock rose 6.5% after the luxury goods company reported better-than-expected first-quarter earnings and raised its full-year outlook.

Moderna (NASDAQ:MRNA)

  • Stock rose 11% after the drugmaker reported a surprise net income in the third quarter and announced leadership changes to address declining COVID-19 vaccine sales.

HubSpot (NYSE:HUBS)

  • Stock rose 5.5% after the customer service software company beat revenue and earnings estimates in its fiscal third quarter.

Qualcomm (NASDAQ:QCOM)

  • Stock rose 6.3% after the chipmaker exceeded quarterly expectations for earnings and revenue, guiding to a strong December quarter.

Lyft (NASDAQ:LYFT)

  • Stock surged 23% after the ride-hailing company posted sales above expectations, provided upbeat guidance, and announced a new partnership for self-driving cars.



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