Birkenstock Rallies on Forecast; StubHub Falls on Earnings | Stock Movers

StubHub shares declined after the company reported second-quarter earnings per share that fell below analyst estimates. Birkenstock shares rose after the footwear maker raised its adjusted Ebitda forecast for the full year and reported second-quarter sales that exceeded expectations. Cerebras shares fell in premarket trading after the company projected slower growth than some investors anticipated.

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