Get a glimpse at the companies grabbing attention ahead of the opening bell:
Dollar Tree: Reported a 7% drop in shares due to disappointing quarterly results and plans to close numerous stores.
Dollar General: Experienced a 2% decline in shares after Dollar Tree’s earnings report; Dollar General will release its earnings on Thursday.
Petco Health & Wellness: Stock rose by 3.5% on a revenue beat for the fourth quarter, with adjusted EPS of 2 cents on $1.67 billion revenue.
Tesla: Shares fell 2% after a downgrade by Wells Fargo from equal to underweight due to volume risks.
Carnival and Royal Caribbean: Both cruise line operators gained 1.7% and 1.8%, respectively, as Goldman Sachs initiated buy ratings on them.
Crypto stocks: Experienced gains linked to bitcoin’s rising prices. Microstrategy, Marathon Digital, CleanSpark, Riot Platforms, Iris Energy, and Bitdeer saw positive movements.
GE Healthcare Technologies: Fell by 5% after a secondary offering announcement of 13 million shares.
Texas Roadhouse: Gained 1.5% after an upgrade to outperform by Baird, driven by strong traffic flow.
Source (CNBC)
