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Warner Bros, Moderna, Under Armour and Lyft rise premarket

Published 11/07/2024, 07:51 AM
Updated 11/07/2024, 08:00 AM
© Reuters
QCOM
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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 as its studio business took a hit from fewer blockbuster releases.

  • Under Armour (NYSE:UA) stock rose 12% after the sportswear maker raised its annual profit forecast, betting on its cost-saving strategy and efforts to sell more clothing and shoes at full price.

  • 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 changes at its leadership team, looking to address issues stemming from fading sales of its COVID-19 vaccine since a pandemic-era boom in demand.

  • 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 beat quarterly expectations for earnings and revenue, while guiding to a strong December quarter.

  • Lyft (NASDAQ:LYFT) stock surged 23% after the ride-hailing company posted sales above expectations, upbeat guidance, and unveiled a new partnership for self-driving cars.

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