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News Snapshot:

Check out the companies making the biggest moves in premarket trading: Beyond Meat — Shares soared 59% one day after the plant-based meat company topped fourth-quarter revenue estimates and said it would "steeply reduce" costs this year. Revenue came in at $73.7 million, versus the $66.7 million expected from analysts polled by LSEG. Bumble — Shares plunged almost 12% after the dating app company on Tuesday announced plans to lay off about 350 employees and gave a disappointing revenue forecast as part of its fourth-quarter earnings. Bumble posted $273.6 million in revenue in the latest quarter, higher than the $241.6...