{"id":2097,"date":"2025-11-06T14:33:34","date_gmt":"2025-11-06T14:33:34","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/stocks-making-the-biggest-moves-premarket-qcom-wbd-pzza-duol\/"},"modified":"2025-11-06T14:33:34","modified_gmt":"2025-11-06T14:33:34","slug":"stocks-making-the-biggest-moves-premarket-qcom-wbd-pzza-duol","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/stocks-making-the-biggest-moves-premarket-qcom-wbd-pzza-duol\/","title":{"rendered":"Stocks making the biggest moves premarket: QCOM, WBD, PZZA, DUOL"},"content":{"rendered":"\n<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines before the bell: Qualcomm \u2014 Shares slipped 1% as Qualcomm expects that it will lose Apple as a customer for its modem business in the coming years. This potential waning opportunity overshadowed Qualcomm&#8217;s fiscal fourth-quarter earnings and revenue beat and strong current quarter forecast. Warner Bros. Discovery \u2014 Shares fell 1% after Warner Brothers Discovery reported a third-quarter loss of 6 cents per share, on an adjusted basis, on revenues of $9.05 billion. Analysts polled by LSEG had expected a loss of 4 cents per share on revenues of $9.15 billion. Under Armour \u2014 The sportswear company fell up to 1% even after the company posted an earnings and revenue beat. Under Armour reported second quarter earnings of 4 cents per share, on an adjusted basis, on revenues of $1.33 billion. Analysts polled by LSEG had expected EPS of 2 cents on revenues of $1.31 billion. Penn Entertainment , DraftKings \u2014 The two stocks rallied after Penn Entertainment and ESPN announced the early termination of their exclusive U.S. online sports betting deal. ESPN also signed a new betting partnership with DraftKings . Penn shares were up nearly 7%, while DraftKings climbed 4.5% Duolingo \u2014 Shares tumbled 25% after the company&#8217;s fourth-quarter bookings estimate was below expectations. The language learning platform topped third-quarter revenue forecasts and raised its sales outlook. Revenue of $271.7 million in the third quarter bested estimates of $260.3 million. The company now expects revenue of $1.028 billion to $1.032 billion this year. Snap \u2014 The social media platform surged 19% after it unveiled a $500 million buyback program and issued strong fourth-quarter revenue guidance. Additionally, Snap said Perplexity AI will pay it $400 million to integrate the AI startup&#8217;s search capabilities into Snapchat. AppLovin \u2014 The software stock jumped roughly 8% after AppLovin&#8217;s quarterly results came in better than expected. For the third quarter, Applovin posted adjusted EBITDA of $1.16 billion, while analysts surveyed by FactSet had expected $1.09 billion. Revenue of $1.41 billion topped the consensus estimate of $1.34 billion. It also issued a rosy fourth-quarter outlook. Papa John&#8217;s International \u2014 Shares slumped 5% as the pizza chain posted a third-quarter earnings miss. In its last quarter, Papa John&#8217;s earned 32 cents per share on revenue of $508.2 million. Analysts polled by LSEG had expected earnings of 41 cents and $523.8 million in revenue. The stock is now down 19% on the week, sinking on Tuesday after Reuters reported that Apollo Global had withdrawn its offer to take Papa John&#8217;s private. Lyft \u2014 The ride hailing stock advanced about 6% after an earnings beat. Lyft earned\u00a011 cents per share.\u00a0Analysts polled by LSEG expected a profit of 8 cents per share. ARM \u2014 The chip designer rose 3.8% after topping earnings and revenue expectations. Arm earned an adjusted 39 cents per share on revenue of $1.14 billion. Analysts surveyed by LSEG had expected Arm to earn 33 cents per share on revenue of $1.06 billion. The company&#8217;s third-quarter forecast also outpaced estimates. Figma \u2014 Shares jumped more than 4% after Figma reported third-quarter revenue that topped estimates and raised its full-year forecast. Figma reported revenue of $274 million, more than the LSEG consensus estimate of $265 million. The collaborative design platform now forecasts revenue of $1.04 billion and $1.05 billion in fiscal 2025, raised from its earlier forecast of $1.02 billion to $1.03 billion. Devon Energy \u2014 The energy stock rose 2% following the company&#8217;s earnings and revenue beat. Devon Energy reported $1.04 earnings per share, on an adjusted basis, and $4.33 billion in revenue. That surpassed the 93 cents per share and $4.14 billion in revenue that analysts polled by FactSet had anticipated. DoorDash \u2014 The meal delivery company plunged more than 11% after it reported mixed results for the third quarter . DoorDash reported earnings of 55 cents per share, disappointing the 69 cents per share analysts polled by LSEG anticipated. However, revenue of $3.45 billion topped analysts&#8217; expectations for $3.36 billion. Fortinet \u2014 The cybersecurity stock dropped 11% after Fortinet lowered its full-year guidance, though third-quarter earnings came in better than expected. Fortinet earned 74 cents per share, excluding items, on revenue of $1.72 billion. Analysts polled by LSEG expected earnings of 63 cents per share on $1.70 billion revenue. However, the company changed its revenue guidance through the end of this year to between $6.72 billion and $6.78 billion, a slight decrease from its prior guidance of $6.68 billion to $6.83 billion. HubSpot \u2014 Shares slumped 12%, even after stronger-than-expected earnings and revenue. For the third quarter, HubSpot posted earnings of $2.66 per share, excluding items, on revenue of $810 million. Analysts polled by LSEG anticipated earnings of $2.58 per share on revenue of $787 million. Elf Beauty \u2014 Shares dropped more than 21% after Elf Beauty posted mixed fiscal second-quarter results. Earnings of 68 cents per share exceeded the LSEG consensus estimate of 57 cents a share. However, revenue of $344 million disappointed expectations of $366 million. Marvell Technology \u2014 Shares jumped more than 7% after Bloomberg, citing people familiar with the matter, reported that Softbank considered a possible takeover of the company earlier in 2025. Softbank had the idea of combining it with Arm Holdings. The people also said that even though Marvell and SoftBank aren&#8217;t in active negotiations, interest in a deal could come back. \u2014 CNBC&#8217;s Sean Conlon, Lisa Han and Liz Napolitano contributed reporting<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines before the bell: Qualcomm \u2014 Shares slipped 1% as Qualcomm expects that it will lose Apple as a customer for its modem business in the coming years. This potential waning opportunity overshadowed Qualcomm&#8217;s fiscal fourth-quarter earnings and revenue beat and strong current quarter forecast. Warner Bros. Discovery \u2014 Shares [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2098,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[193,2101,192,194,640,2100,2099,191,1445],"class_list":["post-2097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-biggest","tag-duol","tag-making","tag-moves","tag-premarket","tag-pzza","tag-qcom","tag-stocks","tag-wbd"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/2097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=2097"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/2097\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/2098"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=2097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=2097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=2097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}