Stocks move in premarket trading as earnings and forecasts drive shares
Premarket stocks moved on earnings, guidance and sector news across key names See which winners and losers are driving Friday’s trading before the opening bell
Several stocks moved sharply in premarket trading on Friday as companies reported earnings, issued guidance, or responded to news affecting their sectors.
AMC Entertainment rose after its CEO criticized Robinhood’s AMC stock tokens, while Robinhood shares slipped. Credit monitoring firms Equifax and TransUnion fell after comments from FHFA Director Bill Pulte about pricing. Rare earth stocks gained after a Reuters report said some Chinese firms had paused U.S. shipments.
Among individual names, Smith & Wesson climbed after beating earnings and revenue expectations. Lululemon dropped sharply after giving a weakerthanexpected outlook. Adobe fell after naming Anil Chakravarthy as its next CEO, while Planet Labs, Samsara, and other software and industrial names also moved on results and forecasts.