Business

Disney, Bumble, Sonos, etc

The Disney store is seen in Times Square, New York City.

Nick Pfosi | Reuters

Check out the companies that make headlines after the Wednesday bell:

Walt Disney – Coupon of entertainment companies up 5.8% after Disney announces better-than-expected Disney+ number of subscribers of the previous quarter. According to StreetAccount, registrations reached 152.1 million, higher than the expected 147.76 million according to StreetAccount. Disney earnings per share and revenue also topped estimates.

Sonos – Shares of the wireless home audio system maker rose more than 19% after the company cut its full-year direction amid a challenging macro environment. Sonos earnings and revenue last quarter also fell short of expectations.

Buzz – Bumble fell more than 13% after cutting its guidance for the full year even though revenue fell last quarter. The company cited inflation and foreign exchange as among the reasons for the cut forecast.

Vacasa – Vacation rental management stock soars 42% on surprise profit of 2 cents per share. According to Refinitiv, analysts had predicted a loss of 20 cents per share. Vacasa also shares solid guidance for the current period.

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