Rick Smith, CEO of Axon Enterprises. Adam Jeffery | CNBC Discover the latest news in the stock market before the market opens on Wednesday. WeWork — The stock plummeted by 25.7% after WeWork disclosed in an SEC filing that doubts exist regarding the company’s ability to sustain operations due to lower-than-expected membership rates. WeWork mentioned …
Explore the latest developments in the stock market during midday trading. Roblox — Roblox’s shares plummeted by 20% after the online gaming platform failed to meet second-quarter estimates. The company reported a loss of $0.46 per share, falling short of the predicted $0.45 loss from analysts surveyed by Refinitiv. Despite revenue of $781 million, slightly …
Witness the grand opening of Rivian’s exquisite storefront in the vibrant Meatpacking District of Manhattan, New York City on June 23, 2023. Photo credit: Spencer Platt | Getty Images Discover the latest buzz-worthy companies making headlines after hours. Rivian Automotive — Rivian Automotive experienced a slight dip of approximately 2.5% during extended trading. This decline …