Hosted by Dailymotion. For legal issues report at the Copyright Center, report us on DMC, or use the Instant Removal tool.
Thursday’s Pre-market Movers
Description
Tapestry ($TPR@US), which owns high-end brands such as Coach and Kate Spade, dropped 2 percent in premarket trading. It beat top and bottom line estimates for its latest quarter but cut its full-year forecast, accounting for the strong U.S. dollar and China’s Zero COVID policy. WeWork’s ($WE@US) stock fell 1.7 percent after reporting a larger-than-expected quarterly loss. The office-sharing company plans to shutter 40 underperforming locations this month. Nio ($NIO@China), a China-based electric car maker, rose 5.5 percent. It posted a larger-than-expected quarterly loss, but it expects deliveries to nearly double in the current quarter from a year ago.
More from User
00:37
Tesla FSD Clears Belgium
Benzinga
01:03
Uber Sues NYC
Benzinga
00:52
MS Limits Claude Access
Benzinga
01:14
London AI Rush
Benzinga
00:54
DJT Reaffirms Merger
Benzinga
00:56
Meta, Google Denied New Trial
Benzinga
Related Videos
00:35
Alphabet Beats Analyst Expectations For Quarterly Earnings
Entertainment (now)
00:38
Tesla Falls 6% As Analysts Warn Of Brand Damage From Musk’s Politics Ahead Of Q1 Earnings Report. Analyst Urges Musk To Deliver Turnaround Plan
Benzinga
00:55
Nvidia Stock Set For 6th Straight Day Of Gains: Will AI Chipmaker Leapfrog Amazon's Market Cap Before Quarterly Earnings?
Benzinga
00:34
Hyundai Motor reports disappointing quarterly earnings
Arirang News
00:44
Wall Street Is Up Ahead Of Quarterly Earnings Reports
Entertainment (now)
00:39
Trump Calls for End to Quarterly Earnings Reports
Cheddar News