By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Thursday, November 11th. Please refresh for updates.
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Walt Disney (NYSE:DIS) stock fell 5.6% after the entertainment and media giant reported the smallest rise in Disney+ subscriptions since it launched the streaming video service, as well as disappointing quarterly profits from its theme park decision.
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Beyond Meat (NASDAQ:BYND) stock slumped 19% after the producer of plant-based meat substitutes reported a wider-than-expected quarterly loss and also offering up a disappointing sales projection for the fourth quarter.
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Affirm (NASDAQ:AFRM) stock soared over 26% after the financial services company announced an expansion of its partnership with Amazon (NASDAQ:AMZN), as well as strong quarterly revenue, boosted by growth in active consumers on its buy now, pay later platform.
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Bumble (NASDAQ:BMBL) stock fell 9.3% after the dating app owner recorded its first sequential decline in user growth since it went public in February.
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SoFi Technologies (NASDAQ:SOFI) stock soared 15% after the fintech company recorded strong quarterly earnings amid strong growth in members and product uptake.
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AMC Entertainment (NYSE:AMC) stock fell 1.6% after the news emerged that CEO Adam Aron had sold some $25 million in shares, while Tesla (NASDAQ:TSLA) stock climbed 2.4% with CEO Elon Musk selling some $5 billion worth of shares this week.
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Tapestry (NYSE:TPR) stock rose 5.6% after the luxury fashion holding company raised its annual sales forecast, boosted by a strong rebound in demand for luxury goods.
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Honest Company (NASDAQ:HNST) stock rose 9.4% after the consumer goods company, founded by actress Jessica Alba, reported strong growth in its quarterly revenue, helped by demand for diapers and wipes.
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JD.com (NASDAQ:JD) ADRs rose 4.3% after the Chinese e-commerce giant posted record sales during its Singles Day shopping event.