Check out the companies that make news before the bell:
Affirm Holdings (AFRM): The claim soared 22.4% in the pre-market, as the company’s revenue “buy now and pay later” exceeded estimates. The number of active traders more than quintupled and Affirm also presented positive prospects.
Toyota Motor (TM) – The carmaker reduced its annual production target by 300,000 vehicles as factories in Vietnam and Malaysia were hit by the Covid-19 extension and lack of computer chips. Toyota gained 1.1% in the premarket.
Endo International (ENDP): Endo rose 19.1% in pre-market shares after agreeing to pay $ 50 million to settle claims from New York State and two counties for the sale and marketing of opioids for part of the drug manufacturer.
Bausch Health (BHC) – Bausch Health will pay $ 300 million to settle an antitrust lawsuit related to the company’s diabetes drug Glumetza. Bausch had been accused of illegally maintaining a monopoly on treatment, with a price increase of almost 800% in 2015.
Wells Fargo (WFC) – Wells Fargo was fined $ 250 million by regulators who said the bank has not made enough progress in solving ongoing problems in its mortgage business. Regulators had first identified these issues in a 2018 order. Wells Fargo shares added 2% to the premarketing stock.
Nielsen Holdings (NLSN) – Nielsen CEO David Kenny defended the rating company in a letter to TV industry executives and said Nielsen needs to move faster in tuning its systems. rating to capture consumers ’shift from traditional viewing to streaming. Nielsen shares rose 1.3% in the pre-market.
Dave & Buster’s (PLAY) – Dave & Buster’s rose 7.9% in premarket trading after reporting quarterly earnings of $ 1.07 per share, well above the consensus estimate of 58 cents. The restaurant and gallery chain’s revenue exceeds Wall Street forecasts and Dave & Buster’s said it continues to see signs of recovery in its business. Expect it to continue, except for any significant Covid-related slowdown.
American Outdoor Brands (AOUT): American Outdoor Brands earned 48 cents per share adjusted during the first fiscal quarter, 8 cents above estimates. The manufacturer of outdoor recreational products gained momentum thanks to the increase in profit margins and the increase in sales in both domestic and international markets. It projects full-year earnings of $ 2.02 to $ 2.26 compared to a consensus estimate of $ 2.24. Shares fell 5.4% in the premarket.
Zumiez (ZUMZ) – Zumiez surpassed estimates by 23 cents with adjusted quarterly earnings of $ 1.02 per share, but revenue fell below the consensus view. The manufacturer of streetwear and action sportswear provided no prospects, due to volatile market conditions, and shares fell 5.3% in premarket trading.
Take-Two Interactive (TTWO): Take-Two is delaying new releases of its “Grand Theft Auto” video game by four months, saying it wants to have extra time to “polish” the final products even further. Take-Two maintained its full-year forecast and shares fell 1.9% in the premarket.
Sunrun (RUN), First Solar (FSLR): Sunrun rose 2.8% in premarket trading, while First Solar added 1.1%. Sunrun received the rating of “purchase” on a new coverage in Needham and the company started coverage of First Solar with a rating of “retention”. Needham is optimistic about Sunrun because of its leading market position in the solar industry, while it has short-term concerns about First Solar’s profit margin pressures.