Stocks making the biggest moves in the premarket: Hilton, Restaurant Brands, Bausch Health & more

  • Date: 06-Aug-2020
  • Source: CNBC
  • Sector:Healthcare
  • Country:GCC
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Stocks making the biggest moves in the premarket: Hilton, Restaurant Brands, Bausch Health & more

Take a look at some of the biggest movers in the premarket:Hilton Worldwide (HLT) – The hotel operator lost 61 cents per share for the second quarter, wider than the 31 cents a share loss that Wall Street analysts had been anticipating. Revenue was also below estimates, with Hilton suffering from the pandemic-induced drop in travel demand.Restaurant Brands (QSR) – The parent of Tim Hortons, Burger King and Popeyes earned 33 cents per share for its latest quarter, 4 cents a share above estimates. Revenue also beat Wall Street forecasts. The company said it was back to about 90% of the prior year's systemwide sales by the end of the quarter.Bausch Health (BHC) – The company plans to spin off its Bausch & Lomb eye care unit into a separate