Shares of Rocket Lab jumped after the company logged higher-than-expected revenue for the third quarter and its fourth-quarter outlook beat analysts expectations.
The stock was up 26.13% to $18.49 in overnight trading. Through Tuesday's close, shares have more than tripled over the past 12 months.
Shares of Rivian rose over 10% in overnight trading. Volkswagen AG and Rivian Automotive Inc. named leaders for their multibillion-dollar joint venture and showcased a prototype electric vehicle, signaling their commitment even as global EV demand softens and the incoming Trump administration threatens to curtail supportive policies.
Spotify shares up 6.8 per cent in overnight trading. The Audio-streaming giant Spotify forecast fourth-quarter profit above Wall Street estimates on Tuesday, betting on cost cuts and strong subscriber growth in the crucial holiday season.
MARA Holdings shares dipped over 9% in overnight trading after turning in a Q3 loss that narrowed less than expected, as its bitcoin (BTC-USD) production inched up 1% during the quarter.
Spirit Airlines is preparing to file for bankruptcy protection after merger talks with Frontier Airlines broke down, according to people familiar with the matter.
Shares of Spirit Airlines tumbled 60% in overnight trading.
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