Shares of Virgin Galactic Holdings Inc. (Ticker: SPCE) soared 10% after the space-tourism company narrowed its quarterly loss, more than doubled its revenue, and expects to beat analysts’ expectations in the fourth quarter.
Walt Disney Co.’s (Ticker: DIS) stock jumped 4% after the media company reported a spike in streaming customers and better-than-expected earnings.
Shares in AstraZeneca PLC (Ticker: AZN) increased 2% after the Anglo-Swedish drugmaker upped its earnings forecast for 2023 following a surge in sales of cancer medicines.
Shares of Topgolf Callaway Brands Corp. (Ticker: MODG) slid 20% after the golf-equipment and entertainment company cut its full-year sales and profit outlook.
Allbirds Inc.’s (Ticker: BIRD) stock tanked 14% as the footwear and apparel maker reported a drop of more than 20% in its quarterly revenue, due in part to lower prices and more promotions, and expects lower sales in the current quarter.
Shares in BILL Holdings Inc. (Ticker: BILL) plunged 10% following a report in Bloomberg that the fintech company is closing in on a deal to buy Melio Payments for $1.95 billion.
Lyft Inc. (Ticker: LYFT) reported third-quarter results that beat Wall Street’s estimates and forecasted better-than-expected fourth-quarter sales growth. However, shares of the ride-hailing platform fell 2%.