See which businesses are advancing premarket trading the most.
1. Planet Fitness – Experienced a 7% decline in shares due to a revenue miss for the first quarter and lower guidance for the year.
2. Robinhood – Saw a 5% increase in shares after reporting record earnings in the first quarter.
3. Warner Bros. Discovery – Dropped about 4% following a greater than expected loss per share for the first quarter.
4. Yeti – Surged 12% after surpassing Wall Street expectations for the first quarter and raising its full-year guidance.
5. Arm – Despite strong fourth-quarter results, shares saw a 7% drop as revenue guidance for the year slightly missed estimates.
6. Klaviyo – Shares rose nearly 9% post-quarterly report, with higher revenue guidance for the second quarter.
7. Airbnb – Witnessed a more than 7% decline in shares due to disappointing guidance, despite exceeding first-quarter expectations.
8. AppLovin – Moved up 15% after beating earnings and revenue estimates.
9. SolarEdge – Fell over 8% premarket due to a wider than expected loss in the first quarter.
10. AMC Entertainment – Dropped 4% as revenue and attendance declined year over year in the first quarter.
11. Duolingo – Experienced a 14% decrease following its guidance for second-quarter revenue lower than expected.
12. Bumble – Jumped 11% after exceeding earnings and revenue expectations.
13. Krispy Kreme – Saw a 2% increase after reporting first-quarter revenue higher than estimated.
14. Warby Parker – Advanced 14% with better-than-expected earnings in the first quarter.
15. Tapestry – Shares declined 3% post-third-quarter revenue miss and reduced full-year revenue estimate.
16. Roblox – Shares plummeted over 28% due to first-quarter bookings below Wall Street estimates and a lowered annual forecast.
Source (CNBC)
