{"id":32722,"date":"2023-11-07T13:20:56","date_gmt":"2023-11-07T13:20:56","guid":{"rendered":"https:\/\/microloannexus.com\/news\/stocks-making-the-biggest-moves-before-the-bell-uber-planet-fitness-peloton-and-more\/"},"modified":"2023-11-07T13:20:57","modified_gmt":"2023-11-07T13:20:57","slug":"stocks-making-the-biggest-moves-before-the-bell-uber-planet-fitness-peloton-and-more","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=32722","title":{"rendered":"Stocks making the biggest moves before the bell: Uber, Planet Fitness, Peloton and more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-6-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines in premarket trading Tuesday. Uber \u2014 Shares of the ride hailing company rose 2% after Uber&#8217;s third-quarter gross bookings of $35.3 billion topped the company&#8217;s guidance of $29 billion to $30 billion. UBS \u2014 Shares of the Switzerland-based bank climbed more than 3% after UBS recorded an underlying operating profit before tax of $844 million, well ahead of consensus expectations. Factoring in $2 billion in expenses related to the integration of fallen rival Credit Suisse, UBS posted a bigger-than-expected third-quarter net loss attributable to shareholders of $785 million. Planet Fitness \u2014 The gym chain climbed 8.8% after beating expectations on both lines for the third quarter and raising its outlook for the year. Planet Fitness reported 59 cents in earnings per share, excluding items, and $277.6 million in revenue. Analysts surveyed by FactSet anticipated 55 cents in earnings per share on revenue at $268.2 million. Vivid Seats \u2014 The online ticket marketplace popped 8.6%. The rally comes after the company surpassed analysts&#8217; consensus forecast for revenue in the third quarter, while also offering stronger-than-expected guidance on the line for both the 2023 and 2024 full year. Vivid Seats also confirmed it would acquire Vegas.com in a $240-million deal. Tripadvisor \u2014 The travel stock added more than 10% after Tripadvisor posted quarterly results that beat analyst expectations. Tripadvisor reported earnings of 52 cents per shares on $533 million of revenue, versus the 47 cents per share on $505 million of revenue expected by analysts polled by LSEG. Coterra Energy \u2014 Shares rose 3% in premarket trading Tuesday, a day after the company&#8217;s earnings report. Coterra topped the earnings forecast of analysts polled by FactSet, while also raising its full-year production guidance. Sanmina \u2014 Shares tumbled 11.7% after the electronics manufacturer offered weak guidance. The company expects fiscal first-quarter revenue between $1.85 billion and $1.95 billion. That&#8217;s well below a StreetAccount consensus of $2.19 billion. Hims &amp; Hers Health \u2014 Shares of Hims &amp; Hers Health jumped 5% in premarket trading. The telehealth company on Monday reported third-quarter revenue that topped expectations, while also raising its full-year guidance and announcing a $50-million share repurchase program. Peloton \u2014 Shares dropped more than 5% after being downgraded by Deutsche Bank to hold from buy. The firm cited lack of clarity in the exercise-equipment marker&#8217;s growth outlook. It also cut its price target on Peloton to $4 from $13 per share, implying about 20% downside from Monday&#8217;s close. DigitalOcean \u2014 The cloud computing stock advanced 6.1% on the heels of a double-upgrade to buy from sell by Goldman Sachs. The firm said DigitalOcean has underappreciated structural improvements while its cyclical risks are already priced in. \u2014 CNBC&#8217;s Yun Li, Jesse Pound, Lisa Kailai Han, Sarah Min and Michelle Fox contributed reporting<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/11\/07\/stocks-making-the-biggest-moves-before-the-bell-uber-plnt-pton.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines in premarket trading Tuesday. Uber \u2014 Shares of the ride hailing company rose 2% after Uber&#8217;s third-quarter gross bookings of $35.3 billion topped the company&#8217;s guidance of $29 billion to $30 billion. UBS \u2014 Shares of the Switzerland-based bank climbed more than 3% after UBS recorded an underlying operating<\/p>\n","protected":false},"author":1,"featured_media":32723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-32722","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stocks making the biggest moves before the bell: Uber, Planet Fitness, Peloton and more | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"Check out the companies making headlines in premarket trading Tuesday. 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