Try the businesses making headlines in premarket buying and selling. Lyft — The rideshare inventory superior greater than 23% after a stronger-than-expected fourth-quarter outlook. Lyft expects bookings within the present quarter of $4.28 billion to $4.35 billion, whereas analysts polled by FactSet anticipated $4.23 billion. Arm Holdings — Shares of the semiconductor firm slipped about 7% regardless of second-quarter outcomes surpassing Wall Avenue estimates. Arm reported adjusted earnings per share of 30 cents on income of $844 million, whereas analysts polled by LSEG forecast a revenue of 26 cents per share and income of $808 million. Wolfspeed — Inventory within the semiconductor producer plummeted greater than 25% after a income miss and a lower-than-expected outlook. Wolfspeed forecasts fiscal second-quarter income within the vary of $160 million to $200 million, whereas analysts surveyed by LSEG have been searching for $215 million. Take-Two Interactive Sotftware — Shares of the online game designer gained greater than 4% after its second-quarter income of $1.47 billion surpassed an anticipated $1.43 billion from analysts polled by LSEG. HubSpot — Shares gained about 7% in premarket buying and selling. The client platform firm’s third-quarter outcomes of $2.18 per share on income of $669.7 million beat the forecasted earnings of $1.91 per share on $647 million in income from analysts surveyed by FactSet. SolarEdge — The photo voltaic panel inverter inventory slipped greater than 16% after a third-quarter income miss. SolarEdge reported income of $261 million, whereas analysts surveyed by LSEG have been searching for $269 million. Dutch Bros — Inventory within the espresso franchise added 18% on the heels of better-than-expected third-quarter outcomes. The corporate posted adjusted earnings per share of 16 cents and $338 million in income, whereas analysts polled by LSEG forecast earnings of 12 cents per share and income of $325 million. Bumble — Shares of the net courting firm have been down almost 6% after posting a lack of $5.11 per share, on account of an impairment cost. Third-quarter income surpassed Wall Avenue estimates, and the corporate expects fourth-quarter income of $256 million to $262 million, in contrast with an estimate of $260 million. Duolingo — The educational app firm’s shares fell 5% regardless of posting a top- and bottom-line beat within the third quarter. Nonetheless, the variety of paid subscribers — 8.6 million — got here in barely beneath the consensus estimate for 8.66 million, per StreetAccount. AppLovin — Shares surged 32% after the software program writer’s third-quarter outcomes surpassed analysts’ expectations. AppLovin expects adjusted EBITDA of $740 million to $760 million within the fourth quarter, which is larger than the $667 million StreetAccount forecast. Match Group — Shares pulled again about 14% after posting blended third-quarter outcomes. The courting platform firm’s fourth-quarter income outlook referred to as for a spread of $865 million to $875 million, beneath the forecast $905.1 million from analysts polled by FactSet. Qualcomm — The chipmaker rallied 5% earlier than the bell on robust earnings and steerage . The corporate additionally stated its board authorised $15 billion in extra share repurchases. E.l.f. Magnificence — Inventory within the cosmetics firm gained greater than 7% after it raised its full-year earnings and income outlook. The agency now forecasts earnings within the vary of $3.47 to $3.53 per share, in contrast with prior steerage of $3.36 to $3.41 per share. E.l.f. Magnificence expects income within the vary of $1.31 billion to $1.33 billion, up from a forecast of $1.28 billion to $1.30 billion. Zillow — Inventory within the housing market web site superior greater than 13% after beating Wall Avenue estimates on the highest and backside line within the third quarter. Zillow reported adjusted earnings per share of 35 cents on income of $581 million, whereas analysts polled by LSEG forecast 29 cents per share and $555 million, respectively. Gilead Sciences — Shares of the biopharmaceutical firm added about 2% after surpassing Wall Avenue esitmates for its full-year earnings steerage. Gilead now forecasts earnings per share within the vary of $4.25 to $4.45 per share, whereas analysts polled by LSEG have been searching for $3.80. Moderna — Shares rallied 7% after Moderna’s third-quarter earnings and income topped expectations. Earnings of three cents per share was better than the anticipated lack of $1.90 per share loss, per LSEG. Income of $1.86 billion surpassed the anticipated $1.25 billion. Beneath Armour — Shares gained 25% after stronger-than-expected second-quarter outcomes. The athletic clothes firm reported adjusted earnings per share of 30 cents on income of $1.40 billion whereas analysts polled by LSEG referred to as for a revenue of 20 cents per share and income of $1.39 billion. Hershey — Shares slipped greater than 3% after weaker-than-expected third-quarter outcomes. Hershey earned $2.34 per share after changes on income of $2.99 billion, whereas analysts surveyed by LSEG anticipated it to earn $2.56 per share on $3.08 billion in income. — CNBC’s Samantha Subin, Hakyung Kim and Sarah Min contributed reporting
