HomeStockShake Shack, Peloton, Canada Goose, etc.

Shake Shack, Peloton, Canada Goose, etc.

Canada Goose parka is on display in a store in Richmond Hill, Ontario.

Chris Su | Toronto Star | Getty Images

Check out the companies that made the headlines in midday trading.

Large force — After the establishment of the company, the stock price of this exercise bike company fell by more than 34% Report weak sales growth The loss in the first fiscal quarter exceeded expectations. Due to weak demand for its sports equipment and ongoing supply chain challenges, Peloton also lowered its outlook for the entire fiscal year.Several Wall Street Investment Companies Downgrade stocks After Peloton’s dismal results.

Shake the hut — Despite lower-than-expected revenue in the third quarter, the burger chain’s share price rose 21%. Shake Shack reported that revenue for the quarter was US$193.9 million and an adjusted loss of 5 cents per share, while analysts expected by Refinitiv expected revenue of US$197.5 million and a loss of 6 cents per share. However, BTIG Upgraded stock, Said the fundamentals of Shake Shack will improve in the next few quarters.

Pfizer — The pharmaceutical giant’s stock rose by 7.2% after delivery Promising data on antiviral oral Covid pills And said that it will require regulatory approval as soon as possible. Similar products manufactured by Merck and Ridgeback Biotherapeutics were approved by the UK regulator on Thursday and will be evaluated by the US regulator this month. MerckThe stock price fell by 9%. Modern After releasing a weaker-than-expected quarterly report on Thursday, the stock price continued to fall about 24% on Friday.

Know almost — After Expedia easily exceeded analyst expectations in the third quarter, the travel company’s share price rose 15%. According to Refinitiv’s estimates, the company’s earnings per share excluding projects were US$3.53, which was much higher than Wall Street’s expectations of US$1.65. Revenue was 2.96 billion U.S. dollars, also higher than the expected 2.73 billion U.S. dollars.Travel company shares Reservation holding As demand continues to recover, the stock price has risen by more than 6%.

Airbnb — After the company’s report was stronger than expected, Airbnb’s share price rose more than 12% Third quarter revenue. The company’s reported revenue was US$2.24 billion, while Refinitiv’s forecast was US$2.05 billion.

Canadian goose — After the company announced its third-quarter results, the outerwear manufacturer’s stock price rose by 20%. It recorded unexpected profits and better-than-expected revenues, and improved its full-year forecast.

National Recreation — Live Nation shares rose 15% after the event promoter reported strong quarterly earnings as sales surged as the live event returned. The company earned 19 cents per share, while analysts estimated a loss of 5 cents per share. It also recorded revenues of US$2.7 billion, compared to expectations of US$2.19 billion.

Pennsylvania National Gaming Company — Due to the drop in the previous day when investors bought, the stock prices of casino and racetrack operators rose by more than 8% on Friday. After reporting weaker-than-expected quarterly earnings, the stock fell 20% on Thursday.

Lionsgate Entertainment ——The stock price of film and television studios rose by more than 15% After the company said It is considering selling or spinning off its Starz premium cable TV channel as a way to potentially unlock significant shareholder value.

Uber — Uber shares rose more than 3% Reported the first profitable quarter On the basis of adjustment, it is mainly driven by its carpooling and meal delivery services. On Thursday, Uber reported an overall loss due to the decline in the value of shares in its Chinese counterpart Didi.

— CNBC’s Pippa Stevens, Yun Li, Jesse Pound and Hannah Miao provided reporting

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