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Stocks - Walt Disney, Planet Fitness Rise Premarket; Gap Falls

Stock Markets Nov 08, 2019 08:37AM ET
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DIS
-2.27%
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ATVI
+0.71%
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GPS
+0.54%
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TTWO
+0.30%
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PLNT
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DBX
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Investing.com - Stocks in focus in premarket trading on Friday:

• Walt Disney Company (NYSE:DIS) stock was up 1.3% in premarket trade by 8:20 AM ET (11:20 GMT) after it reported a strong third quarter, as studio entertainment revenue jumped 52% due to strong movie box office results.

• Gap (NYSE:GPS) stock slumped 8.6% in premarket trade after news that its CEO Art Peck is leaving. The company also issued guidance for the full year late on Thursday that was 15% below consensus forecasts.

•Planet Fitness (NYSE:PLNT) stock rose 10.8% after it raised its outlook for the year and comparable sales rose 7.9% in the third quarter.

• Dropbox (NASDAQ:DBX) stock inched up 0.2% after its earnings came in better than expected due to support from its desktop app and its Dropbox Spaces software.

• Activision Blizzard (NASDAQ:ATVI) stock fell 1.9% after it forecast a tepid fourth quarter. Its earnings for the third quarter came in better than expected, due to growth in subscriptions in part from the relaunch of its classic World of Warcraft game.

Take-Two Interactive (NASDAQ:TTWO) stock inched up 0.8% after its results for the third quarter came in better than expected, but was held back as guidance for the holiday season was below expectations.

Stocks - Walt Disney, Planet Fitness Rise Premarket; Gap Falls
 

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Comments (1)
Delonte Crosby
Delonte Crosby Nov 08, 2019 8:50AM ET
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wow,I guess they don't give Fastly any credit for beating the expectations on earnings day.
Erski Gumby
SB20 Nov 08, 2019 8:50AM ET
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Investing.com linked an article on FSLY from Seeking Alpha if you want to see one dedicated to the stock.
Delonte Crosby
Delonte Crosby Nov 08, 2019 8:50AM ET
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Erski Gumby   I read it .
 
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