Under Armour was already struggling due to the increased rivalry from Nike, Adidas, and Lululemon. However, COVID-19 made matters worse.
Monster Beverage beat analysts’ sales and earnings expectations for the first quarter despite COVID-19. The company generated net sales of $1.06 billion.
Roku stock fell by as much as 10% in extended trading on Thursday. The company reported its first-quarter results after the market bell on May 7.
PayPal (NASDAQ:PYPL) stock rose around 7% in the extended trading on Wednesday after the company reported its first-quarter earnings results.
Square (NYSE:SQ) stock fell by over 4% in extended trading on Wednesday. The company reported its first-quarter earnings results after the market bell.
Beyond Meat (NASDAQ:BYND) posted better-than-expected results for the first quarter. There was strong demand for the company's products.
Walt Disney (NYSE:DIS) stock has risen. Today, the company reported its results for the second quarter of fiscal 2020. The stock might recover in 2020.
Monster Beverage will likely announce its first-quarter results after the financial markets close on Thursday. So far, the stock has fallen 4.6% in 2020.
Roku stock has risen before its first-quarter earnings results. The company will likely release its first-quarter results on May 7 after the market bell.