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Disney, Bumble, Sonos & extra

by Index Investing News
August 14, 2022
in Stocks
Reading Time: 1 min read
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Disney retailer is seen in Instances Sq., New York Metropolis.

Nick Pfosi | Reuters

Try the businesses making headlines after the bell Wednesday: 

Walt Disney — Shares of the leisure firm jumped 5.8% after Disney posted better-than-expected Disney+ subscription numbers for the earlier quarter. Subscriptions got here in at 152.1 million, above the anticipated 147.76 million in line with StreetAccount. Disney’s earnings per share and income additionally topped estimates.

Sonos — Shares of the wi-fi house sound system maker cratered greater than 19% after the corporate slashed its full-year steering amid a difficult macro setting. Sonos’ earnings and income for the earlier quarter additionally missed expectations.

Bumble — Bumble slumped greater than 13% after slashing its steering for the total 12 months regardless of a income beat for the earlier quarter. The corporate cited inflation and overseas trade headwinds among the many causes for the forecast minimize.

Vacasa — The holiday rental administration inventory soared 42% on the again of an surprising revenue of two cents per share. Analysts had anticipated a lack of 20 cents per share, in line with Refinitiv. Vacasa additionally shared stable steering for the present interval.



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