Prism Stocks making the biggest premarket moves: Planet Fitness, Warner Bros Discovery, Yeti, Airbnb and more

Get the latest updates on the biggest movers in premarket trading:

Planet Fitness

— The fitness franchise’s shares dropped around 7% following a missed first quarter revenue and a reduced yearly guidance. The revenue stood at $248 million, falling short of the $249.5 million analysts’ estimate. The gym also lowered its full-year guidance for adjusted EPS growth from 10% to 11% to 7% to 9%.

Robinhood

— The brokerage firm’s shares increased over 5% after announcing record first quarter earnings. Robinhood generated earnings per share of 18 cents on a $618 million revenue, surpassing analysts’ expectations.

Warner Bros. Discovery

— The media corporation’s shares fell about 4% after it posted a higher Q1 loss than expected at 40 cents per share. Revenue also fell short of estimates at $9.96 billion.

Yeti

— Shares of the drinkware producer jumped 12% after exceeding first quarter expectations, earning 34 cents per share on a $341.4 million revenue. Yeti also increased its full-year guidance for earnings per share.

Arm

– Despite better-than-expected fiscal Q4 results, shares of this British chip designer saw a nearly 7% decrease as its revenue guidance fell slightly short of analysts’ estimates.

Klaviyo

— The company’s shares increased almost 9% following its Q1 report. Klaviyo guided for a Q2 revenue of $211 million to $213 million, higher than the analysts’ estimate.

Airbnb

— Shares dipped more than 7% due to a lower than expected guidance, despite beating Q1 expectations.

AppLovin

— The mobile tech company saw a 15% share rise on the back of surpassing earnings and revenue estimates.

SolarEdge

— Shares dropped more than 8% after the energy firm posted a larger than expected Q1 loss. The revenue of $204 million exceeded expectations but represents a significant decrease from the previous year.

AMC Entertainment

— The cinema chain’s shares decreased 4% after a YoY decline in Q1 revenue and attendance.

Duolingo

— Shares dropped 14% after the language-learning app guided for a Q2 revenue lower than expected.

Bumble

— The dating app’s shares rose by 11% following an earnings and revenue beat.

Krispy Kreme

— Shares increased 2% after reporting a higher Q1 revenue than expected.

Warby Parker

— The eyewear maker’s shares rose 14% due to stronger than expected Q1 earnings.

Tapestry

— Shares of the Coach parent company fell 3% after missing Q3 revenue estimate and lowering its full-year revenue forecast.

Roblox

– Shares plunged over 28% after the video game developer fell short of Q1 bookings estimates and reduced its annual forecast.

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Prism Stocks making the biggest premarket moves: Planet Fitness, Warner Bros Discovery, Yeti, Airbnb and more

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