U.S. Movers: Applied Materials, StubHub, Walt Disney

Scott Peters
14 Nov, 2025
New York City

Applied Materials dropped 5% to $211.74 despite the semiconductor equipment maker reporting better-than-expected fiscal fourth-quarter results. 

Revenue decreased 3% to $6.8 billion from $7.05 billion, net income rose 10% to $1.9 billion from $1.8 billion, and diluted earnings per share rose 14% to $2.38 from $2.09 a year ago. 

The company estimated fiscal first quarter revenue of $6.8 billion with a band of plus or minus $500 million and non-GAAP diluted earnings per share of $2.18 with a band of plus or minus 20 cents.  

StubHub Holdings plunged 19.3% to $15.22 despite the company reporting better-than-expected results in the third quarter. 

Revenue increased 8% to $468.1 million from $433.8 million, net income expanded to $1.3 billion from $45.9 million, and diluted loss per share expanded to $4.27 from a loss of 15 cents.

Gross merchandise sales rose 11% to $2.4 billion and advanced 24% excluding the impact of Taylor Swift's "Eras" tour. 

Net loss of $1.3 billion, reflecting a one-time stock-based compensation charge of $1.4 billion related to the company’s initial public offering, representing the GAAP-required recognition of multiple years of stock-based compensation to employees. 

The ticketing company listed its stock on the New York Stock Exchange in September and, together with Series O preferred equity, raised approximately one billion in gross proceeds. 

StubHub stock came under heavy pressure after the company's chief executive said during a conference call that the company will not be issuing a forward-looking guidance for the current quarter. 

Walt Disney Company decreased 7.7% to $107.61, and the streaming media and theme park operator reported mixed quarterly results. 

Revenue in the third quarter was flat at $22.5 billion, net income increased to $1.3 billion from $460 million, and diluted earnings per share soared to 73 cents from 25 cents a year ago. 

The Entertainment segment revenue decreased 6% to $10.2 billion, Sports increased 2% to $4 billion from $3.9 billion, and the Experiences segment advanced 6% to $8.8 billion from $8.2 billion a year ago, respectively. 

The company's board declared a cash dividend of $1.50 per share, payable in two installments of $0.75 per share, payable on January 15, 2026, to shareholders on record on December 15, 2025, and on July 22, 2026, to shareholders on record on June 30, 2026.