Today's Pre-Market Stock Movers: RBLX, DIS, LCID, META and More

$Tesla(TSLA.US)$ +1.5% (SEC filings show CEO Elon Musk sold nearly $4 billion in Tesla shares in the days following his purchase of Twitter.)

$Axon Enterprise(AXON.US)$ +8.5% (the Taser maker reported better-than-expected profit and revenue for the third quarter. It also raised its full-year outlook, citing robust demand.)

$Sprouts Farmers Market(SFM.US)$ +8.2% (Sprouts Farmers Markets staged an 8.2% off-hours rally on better-than-expected third-quarter results. The organic products grocer also raised its full-year forecast, saying it benefited from an increasing emphasis on health and wellness by consumers.)

$Meta Platforms(META.US)$ +4.3% (the company announced it was laying off 13% of its workforce, or more than 11,000 workers.)

$Roblox(RBLX.US)$ -16.45% (Roblox saw strong 3Q year-over-year growth in daily active users, hours engaged and bookings.)

$D.R. Horton(DHI.US)$ -3.1% (it missed top and bottom line estimates for its latest quarter. It also said it would not provide guidance due to housing market uncertainty.)

$Disney(DIS.US)$ -7.4% (The company missed top and bottom line estimates for its latest quarter. Disney’s profits took a hit from higher costs at its Disney+ streaming service, and the company plans to cut marketing and content budgets.)

$Affirm Holdings(AFRM.US)$ -12.2% (The buy-now-pay-later firm reported a wider-than-expected quarterly loss. Affirm has been particularly popular among buyers of $Peloton Interactive(PTON.US)$ bikes, and is seeing an impact from slowing Peloton equipment sales.)

$Upstart(UPST.US)$ -23.8% (the AI-driven lending platform issued a much weaker-than-expected revenue forecast for the current quarter, citing challenging economic conditions.)

$AMC Entertainment(AMC.US)$ -3.9% (AMC reported a quarterly loss of 22 cents per share, smaller than the 26 cents loss anticipated by analysts, and revenue topped consensus. CEO Adam Aron said AMC’s results were impacted by soft box office results in the latter part of the quarter.)

$Lucid Group(LCID.US)$ -8.3% (The company said it may raise up to $1.5 billion through stock sales to fund the electric vehicle maker’s operations.)