Check out the companies making headlines before the bell. Netflix , Warner Bros. Discovery — Shares of Netflix and Warner Bros. Discovery pulled back almost 3% and roughly 1%, respectively, after the streaming giant said Friday it’s reached a deal to buy WBD for $27.75 per share. Rubrik — Shares jumped nearly 19% after the cloud data management company reported a beat on top and bottom lines. For its fiscal third quarter, Rubrik earned 10 cents per share on an adjusted basis on revenue of $350 million. Analysts polled by LSEG expected a loss of 17 cents per share on $320 million in revenue. Cooper Companies — Shares of the medical device company surged more than 13% following a strong quarterly earnings report. The company also provided rosy earnings guidance for the full year, while updating long-term free cash flow objective of more than $2.2 billion. Ulta Beauty — The stock rose 6% after the personal care retailer raised its full-year sales outlook . Ulta predicts net sales will come in at $12.3 billion for the year, topping its previous forecast of $12 billion to $12.1 billion. Earnings per share are also expected to hit $25.20 to $25.50, marking an increase from the previously expected range of $23.85 to $24.30. The firm also predicts that sales at store open at least 14 months and online will rise between 4.4% and 4.7%, up from its previous estimate of between 2.5% and 3.5%. SoFi Technologies — SoFi’s stock fell 7% after the fintech firm announced an underwritten public offering of $1.5 billion of shares of its common stock. Docusign — Shares of the digital document signing company dropped 5%, even as the company raised its full-year sales outlook after reporting third-quarter results. Docusign earned $1.01 per share on an adjusted basis in the latest financial quarter, while revenue rose to $818.4 million. Analysts surveyed by FactSet, expected a profit of 92 cents and revenue of $806.2 million. Wedbush said the stock was dropping as investors may consider DocuSign’s guidance as “conservative.” Victoria’s Secret & Co — The lingerie and apparel company reported a narrower-than-expected quarterly loss and a 9% increase in net sales, prompting the stock to pop more than 11%. The company also raised its full-year outlook, saying it’s “well positioned for a successful holiday season.” SentinelOne — Cybersecurity provider SentinelOne saw its shares fall about 9% after saying its fourth-quarter revenue would be $271 million, below analysts’ expectations of $273 million, LSEG data shows. The company forecasted full-year revenue of $1 billion, matching estimates. SentinelOne’s third-quarter results beat consensus estimates. — CNBC’s Sean Conlon, Yun Li and Pia Singh contributed reporting.
RBRK, NFLX, VSCO, SOFI, ULTA
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