Pfizer, Canada Goose, Live Nation and more

Check out the companies that make headlines before the clock:

Pfizer (PFE) – The drugmaker’s shares rose 9.4% in pre-market trading after a study showed that its experimental Covid-19 antiviral pill reduced the risk of hospitalization and death by almost 90%. Pfizer said it will ask authorities to approve the pill as soon as possible.

Canada Goose (GOOS) – The outerwear manufacturer reported an unexpected profit for its most recent quarter along with better-than-expected revenue and also raised its full-year forecast. Canada Goose also said it sees an indication of a strong winter season and shares rose 4.6% in the pre-market.

Live Nation Entertainment (LYV) – Live Nation shares rose 5.4% in pre-market action after the event organizer returned to profit amid a sell-off as live events returned. The results exceeded analysts’ estimates.

DraftKings (DKNG) – The sports betting company’s share fell 3.5% in the advance market after it reported a wider-than-expected loss and revenue that did not live up to Street’s forecasts. DraftKings raised the center of its fiscal 2021 revenue guidance, saying they expected a strong 2022.

Canopy Growth (CGC) – The Canadian cannabis producer lost 3 cents per can. stock for its most recent quarter, less than the 20-cent loss analysts had expected. However, revenue fell below estimates, and the company marked a slower-than-expected revenue growth for the second half of the financial year 2022. The share fell 3.5% in the pre-market.

Peloton (PTON) – Peloton fell 31.8% in the advance market after the fitness equipment maker reduced its sales forecast for the full year by $ 1 billion, amid declining demand for bicycles and treadmills. The peloton also reported a quarterly loss of $ 1.21 per share.

Expedia (EXPE) – Expedia earned an adjusted $ 3.53 per share for its most recent quarter, well above the $ 1.65 consensus estimate. Revenue was also higher than expected, with the travel service company benefiting from the increase in travel demand. Expedia increased 13.2% in pre-market trading.

Airbnb (ABNB) – Airbnb rose 6.2% in the advance market as the rise in travel demand lifted sales and earnings beyond Wall Street’s forecasts. Airbnb earned $ 1.22 per share for its most recent quarter, beating the consensus estimate of $ 0.75, with sales reaching record highs. The company also said it expects a strong holiday season.

Uber Technologies (UBER) – Uber reported its first profitable quarter on an adjusted basis, thanks to optimistic performance from its ride-sharing and food delivery. It had a total loss due to the decline in the value of its stake in the Chinese company Didi (DIDI). Uber rose 1.2% in pre-market trading.

Pinterest (PINS) – Pinterest came 5 cents above estimates with an adjusted quarterly earnings of 28 cents per share, and the image-sharing site’s revenue also topped analysts’ forecasts. It also predicts an optimistic current quarter as the online retailer spends more on holiday season ads. Pinterest rose 4.5% in pre-market action.

Shake Shack (SHAK) – Shake Shack reported a quarterly loss of 5 cents per share, 1 cent less than Wall Street had expected, but the restaurant chain’s sales missed analysts’ forecasts. Despite the loss of revenue, Shake Shack increased by 6.3% in the advance market.

Square (SQ) -Square matched estimates with quarterly earnings of 37 cents per share, while the mobile payment company’s revenue missed forecasts. Square saw an increase of almost 60% in profits from a year earlier, largely thanks to an increase in bitcoin transactions, but the stock fell 3.7% in pre-market trading.

Lions Gate Entertainment (LGF) – The film and television studio is considering a sale or spin-off of its Starz premium cable channel, saying it sees the potential to unleash significant shareholder value. The stock rose 15.1% in the pre-market.


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