Disney, Dillard’s rise; Six Flags, Sonos fall
Aug 11, 2022, 1:04 PM | Updated: 1:55 pm
Stocks that traded heavily or had substantial price changes Thursday:
Walt Disney Co., up $5.34 to $117.77.
The media and entertainment giant added 14.4 million Disney+ subscribers last quarter and will raise prices for the streaming service.
Six Flags Entertainment Corp., down $4.69 to $21.12.
The amusement park reported quarterly results that fell short of Wall Street’s estimates and said attendance fell sharply from a year earlier.
Enovix Corp., up $4.98 to $21.13.
The lithium-ion battery maker announced second-quarter profit and revenue that topped analysts’ forecasts.
Dutch Bros Inc., up $2.28 to $46.29.
The drive-thru coffee chain served up second-quarter earnings that were in line with Wall Street’s forecasts.
Sonos Inc., down $5.68 to $17.09.
The wireless speaker maker lowered its full-year guidance after reporting fiscal third-quarter revenue that fell short of analysts’ forecasts.
Dillard’s Inc., up $44.19 to $292.75.
The department store chain said men’s apparel and cosmetics helped deliver better-than-expected revenue for the second quarter.
Shopify Inc., down 19 cents to $40.42.
Analysts upgraded their rating on the cloud-based retail platform, citing improved e-commerce growth rates since March.
Matterport Inc., up 79 cents to $5.98.
The real estate software company reported quarterly earnings that beat analysts’ forecasts and raised its full-year guidance.
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