Stocks making the biggest moves before the bell: Uber, Planet Fitness, Peloton and more

by | Nov 7, 2023 | Financial

Check out the companies making headlines in premarket trading Tuesday. Uber — Shares of the ride hailing company rose 2% after Uber’s third-quarter gross bookings of $35.3 billion topped the company’s guidance of $29 billion to $30 billion. UBS — Shares of the Switzerland-based bank climbed more than 3% after UBS recorded an underlying operating profit before tax of $844 million, well ahead of consensus expectations. Factoring in $2 billion in expenses related to the integration of fallen rival Credit Suisse, UBS posted a bigger-than-expected third-quarter net loss attributable to shareholders of $785 million. Planet Fitness — The gym chain climbed 8.8% after beating expectations on both lines for the third quarter and raising its outlook for the year. Planet Fitness reported 59 cents in earnings per share, excluding items, and $277.6 million in revenue. Analysts surveyed by FactSet anticipated 55 cents in earnings per share on revenue at $268.2 million. Vivid Seats — The online ticket marketplace popped 8.6%. The rally comes after the company surpassed analysts’ consensus forecast for revenue in the third quarter, while also offering stronger-than-expected guidance on the line for both the 2023 and 2024 full year. Vivid Seats also confirmed it would acquire in a $240-million deal. Tripadvisor — The travel stock added more than 10% after Tripadvisor posted quarterly results that …

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