During Market hours yesterday (Tuesday – 09.11.2021):

  • Roblox (Symbol: RBLX) — Shares of video-game company Roblox soared 32% in midday trading after the company reported third-quarter results that impressed analysts. Bookings grew 28% year over year in the quarter. Revenue excluding deferred revenue came in at $509.3 million, up 102% year over year, according to a statement.
  • PayPal (Symbol: PYPL) — PayPal shares tumbled more than 11% after the payments company reported quarterly revenue of $6.18 billion, compared to the consensus estimate of $6.23 billion, per Refinitiv. PayPal also issued a fourth-quarter forecast that fell short of analysts’ expectations and provided disappointing guidance for 2022.
  • TripAdvisor (Symbol: TRIP) — TripAdvisor shares fell more than 6% after the travel-booking company’s third-quarter earnings missed analyst estimates. The company earned an adjusted 16 cents per share on $303 million in revenue. Analysts surveyed by Refinitiv expected the company to earn 24 cents per share on $304 million in revenue.
  • SmileDirectClub (Symbol: SDC) — The online dentistry company’s stock fell more than 22% following SmileDirect’s disappointing quarterly results. The company reported revenue of $138 million, short of the expected $182.5 million, according to estimates from StreetAccount.
  • AMC Entertainment (Symbol: AMC) — Shares of the movie theater chain fell more than 10% even after the company posted a third-quarter loss that was narrower than expected. CEO Adam Aron said that there are still pandemic challenges ahead for the company. AMC shares have been at the center of this year’s meme-stock craze, skyrocketing more than 1,800% in 2021.
  • The RealReal (Symbol: REAL) — The luxury consignment platform saw its shares jump 16% following a better-than-expected quarterly report. The RealReal posted a quarterly loss of 47 cents per share, narrower than an estimate of a per-share loss of 53 cents, according to FactSet. BTIG upgraded the stock on Tuesday to buy from hold, citing improving fundamentals.
  • Palantir (Symbol: PLTR) — Shares of the software and data analytics company fell more than 8% despite reporting third-quarter revenue that beat Wall Street estimates. The company recorded $392 million versus in revenue, versus the $385 million expected, according to Refinitiv. Its earnings per share were in line with estimates.

During Premarket hours today – (Wednesday – 10.11.2021):

  • Coinbase (Symbol: COIN) — Shares of Coinbase sunk more than 11% premarket after the company reported lower-than-expected quarterly revenue. The cryptocurrency exchange reported revenue of $1.31 billion versus the Refinitiv consensus of $1.57 billion. Monthly transacting users declined from the previous quarter at 7.4 million but grew from the prior year.
  • Poshmark (Symbol: POSH) — Poshmark shares plunged more than 31% in early morning trading after the online marketplace reported quarterly financial results. The company posted a loss of 9 cents per share on revenue of $79.7 million. Analysts surveyed by Wall Street expected a loss of 7 cents per share versus $82.7 million. Poshmark also forecasted weaker-than-expected holiday-quarter revenue.
  • DoorDash (Symbol: DASH) — Shares of DoorDash surged more than 15% before the bell as the food delivery platform announced it will acquire international delivery platform Wolt in a transaction valued at $8.1 billion, its biggest acquisition to date. The company also reported a wider quarterly loss than analysts expected, but topped revenue estimates.
  • FuboTV (Symbol: FUBO) — Shares of FuboTV fell roughly 8% in the premarket after the sports live television streaming platform reported weaker-than-expected financial results. The company posted a loss of 74 cents per share and revenue of $156.7 million for the third quarter. Analysts expected a loss of 63 cents per share on revenue of $143.6 million.
  • Alphabet (Symbol: GOOGL) — Google-parent Alphabet shares traded in mildly negative territory in the premarket after the European Union’s General Court upheld the European Commission’s order to fine Google $2.8 billion for an antitrust breach.

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