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Major shareholders moving ahead of the market: Hershey, Meta Platforms, Arm Holdings, Shake Shack and more

Major shareholders moving ahead of the market: Hershey, Meta Platforms, Arm Holdings, Shake Shack and more

ALBA, FLORIDA — Investors saw significant moves in several stocks during today’s pre-market session. Here are some of the companies that saw the most notable changes:

Hershey (Switzerland)

Hershey shares rose X% after the company reported quarterly results that beat analysts' expectations. The company attributed the performance to increased sales of its premium products and effective cost management.

Meta Platforms (META)

Meta Platforms saw its stock price drop by X% pre-market after announcing higher-than-expected spending in its augmented and virtual reality division. Investors expressed concern about the impact of these investments on near-term profit margins.

ARM Holdings (ARM)

Shares of Arm Holdings jumped X% on rumors of a potential takeover by a tech giant. This follows a wave of speculation about the company's future in the competitive semiconductor market.

Shake Shack (SHAKA)

Shake Shack has seen its stock price rise by X% after announcing an aggressive international expansion plan. The restaurant chain also reported an increase in same-store sales, indicating sustained growth in demand for its products.

These movements reflect the volatility and opportunities present in the pre-market, providing investors with crucial information to adjust their daily investment strategies.

By Alice Rivers

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