Sunday, April 21, 2024
HomeTrading RoomThe Largest Movements in Stocks Prior to the Bell

The Largest Movements in Stocks Prior to the Bell

Here are the companies making headlines in premarket trading:

Nvidia: The chip giant’s stock surged 13% after releasing earnings well above expectations. Nvidia earned $5.16 per share and $22.1 billion in revenue for the fourth quarter, exceeding analyst forecasts. They also projected strong revenue for the current quarter.

Moderna: Shares were up more than 5% after the vaccine maker reported higher-than-expected revenue and a surprise profit in the fourth quarter.

Lucid: Shares pulled back over 7% as the luxury electric vehicle company missed revenue estimates.

Etsy: Shares lost 8.6% after a mixed fourth quarter report, with revenue exceeding expectations but earnings per share falling short.

Rivian: Shares tumbled 17% as the electric vehicle maker reported steeper losses and cut staff, despite revenue coming in higher than expected.

Synopsys: Shares rose 4.5% after the software company issued better-than-expected earnings for the fiscal first quarter.

DoorDash: The food delivery stock advanced nearly 5% following an upgrade to overweight from equal weight by Morgan Stanley.

Root: Shares climbed 28% after the car insurance stock reported a fourth-quarter loss lower than expected and higher revenue.

Remitly Global: Shares surged 22.4% after the financial services provider’s earnings report, topping revenue expectations and offering strong guidance.

Coty: Shares jumped 3% after being upgraded by TD Cowen to outperform, citing momentum in the fragrance category.

ASML Holding: The semiconductor stock rose 3.9% after HSBC initiated coverage as a buy, citing potential upside in 2025 estimates and share price.

Source (CNBC)

- Advertisment -

Most Popular

Bitcoin on the Rise: Will the Trend Continue?

Google UX Design Professional Certificate

Discover AI in Daily Life

Google IT Support Professional Certificate

Recent Comments