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Here are some of the biggest movers of the day:
Stock gainers:
The Walt Disney Co.‘s
DIS,
stock rose 1%. The company’s board extended Chief Executive Bob Iger’s contract for two more years through December 2026.
Stock decliners:
Shares of MillerKnoll Inc.
MLKN,
dropped by as much as 6% in the extended session on Wednesday after the furniture and furnishings maker reported quarterly sales that dropped 13%, saying that the macro-economic environment continues to be challenging for its higher-end products.
ViaSat Inc. shares
VSAT,
were moving 20% lower after the communications company disclosed an issue with one of its satellites that could materially impact its performance.
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