AMC - Hot Stocks: GRPN BHC drop on earnings news; AMC LPSN rally

Another round of earnings reports impacted investor sentiment in Tuesday's pre-market action. This included Groupon (NASDAQ:GRPN) and Bausch Health Companies (BHC), which both plummeted in the wake of their quarterly reports. Meanwhile, AMC (AMC) and LivePerson (LPSN) moved in the opposite direction on earnings news. Both rallied after posting better-than-expected quarterly results. Decliners Groupon (GRPN) endured a pre-market sell-off, dropping 13% after the release of disappointing earnings and guidance. The company reported a loss for the latest quarter compared to a profit in the same period last year. Revenue plunged 42% to reach $153M. Looking ahead, the e-commerce marketplace predicted Q2 revenue between $155M and $165M. Analysts were looking for a figure above $200M. Bausch Health Companies (BHC) also dropped following the release of financial figures. The stock plunged 30% after the health care products company recorded a GAAP loss for Q1. This surprised analysts, who had predicted a profit.

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Hot Stocks: GRPN, BHC drop on earnings news; AMC, LPSN rally