Shares in WeWork, Match Group, Advanced Micro Devices, Lumen Technologies, Novovax, and Big 5 Sporting Goods were all active in pre market trading
Novovax Inc. NVAX, +2.15% shares jumped 3% after the U.S. pharma firm’s new COVID vaccine gained approval in the European Union.WeWork Inc. WE, -11.63% shares sank 36% after the Wall Street Journal reported that the co-working-space provider was planning to file for bankruptcy protection.
Shares of Big 5 Sporting Goods Corp. BGFV, -0.14% slid 17% after the sportswear seller forecast a net loss and a drop in same-store sales for its fourth quarter. Match Group Inc.’s MTCH, +1.65% stock slumped 7% after the Tinder owner posted underwhelming guidance for the fourth quarter in warning investors about a drop in revenue from Israel.
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Match Group’s stock slumps 8% on flat revenue, weak guidanceJon Swartz is a senior reporter for MarketWatch in San Francisco, covering many of the biggest players in tech, including Netflix, Facebook and Google. Jon has covered technology for more than 20 years, and previously worked for Barron's and USA Today. Follow him on Twitter jswartz.
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