Disney retailer is seen in Occasions Sq., New York Metropolis.
Nick Pfosi | Reuters
Take a look at the businesses making headlines after the bell Wednesday:
Walt Disney — Shares of the leisure firm jumped 5.8% after Disney posted better-than-expected Disney+ subscription numbers for the earlier quarter. Subscriptions got here in at 152.1 million, above the anticipated 147.76 million in keeping with StreetAccount. Disney’s earnings per share and income additionally topped estimates.
Sonos — Shares of the wi-fi house sound system maker cratered greater than 19% after the corporate slashed its full-year steerage amid a difficult macro atmosphere. Sonos’ earnings and income for the earlier quarter additionally missed expectations.
Bumble — Bumble slumped greater than 13% after slashing its steerage for the complete yr regardless of a income beat for the earlier quarter. The corporate cited inflation and international change headwinds among the many causes for the forecast minimize.
Vacasa — The holiday rental administration inventory soared 42% on the again of an sudden revenue of two cents per share. Analysts had anticipated a lack of 20 cents per share, in keeping with Refinitiv. Vacasa additionally shared stable steerage for the present interval.