Breaking News
Ad-Free Version. Upgrade your experience. Save up to 40% More details

Peloton, Uber Fall Premarket; Hershey Rises

Stock MarketsNov 06, 2020 08:02AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
© Reuters

By Peter Nurse -- Stocks in focus in premarket trade on Friday, November 6th. Please refresh for updates.

  • Peloton (NASDAQ:PTON) stock fell 5.3% despite the static bike maker reporting first-quarter sales growth of 232%. It cautioned that it expects to be operating under supply constraints “for the foreseeable future.”

  • Uber (NYSE:UBER) stock fell 1.6% after the ride hailing firm recorded a loss of over $1 billion in the third quarter amid steep declines in its core rides business. The company was helped by revenue in its foods delivery business more than doubling.

  • Xerox (NYSE:XRX) stock rose 1.3% after billionaire activist investor Carl Icahn raised his stake in the printer maker to about 14.4% as of Thursday, according to a filing.

  • Hershey (NYSE:HSY) stock rose 2.3% after the confectionary company reported strong quarterly sales and reinstated its full-year outlook, boosted by demand from people baking at home during the pandemic.

  • Zillow (NASDAQ:ZG) stock rose 8.8% after the digital real estate company reported strong third-quarter estimates, helped by a combination of record low mortgage rates and a pandemic-related trend towards working from home that has boosted transaction volumes.

  • Virgin Galactic (NYSE:SPCE) stock rose 3.1% after the company announced it was preparing to move towards commercial operations in 2021, beginning a final series of test flights of its suborbital aircraft.

  • ViacomCBS (NASDAQ:VIAC) stock rose 0.3% after beating estimates for quarterly revenue as higher demand for its streaming services, CBS All Access and Showtime, partially offset a decline in ad sales.

  • CVS Health (NYSE:CVS) stock rose 2.5% after the drugstore chain reported a better-than-expected 3.5% jump in third-quarter revenue and raised its 2020 earnings guidance. 

  • Carnival (NYSE:CUK) stock fell 3.7% after the cruise operator’s Costa Cruises temporarily halted its cruises to Greece after that country’s authorities imposed travel restrictions given the rise in coronavirus cases. 

  • T-Mobile US (NASDAQ:TMUS) stock rose 5.3% after the company added more phone subscribers than expected in the third quarter, seemingly helped by its plan to merge with Sprint.
Peloton, Uber Fall Premarket; Hershey Rises

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Alan Rice
Alan Rice Nov 06, 2020 1:42PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Chocolate TASTES BETTER than PERSPIRATION (today).
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
Sign up with Email