Here are the stock that are making the biggest moves in the pre market. Check them out for yourself:
Stocks Making the Biggest Move in the Premarket
Netgear: Netgear shares plummeted 14.2% after the computer equipment maker reported lower-than-expected sales and revenue for its latest quarter.
Unilever: Unilever reported better-than-expected sales and earnings for the second quarter, but the consumer products giant also said that a significant increase in commodity costs would hurt its full-year profit margins. Its shares dropped 4.6%.
Whirlpool: Whirlpool reported adjusted quarterly earnings of $6.64 per share, beating the consensus estimate of $5.90.
Dow Inc.: The materials science company’s shares rose 1.7% in the premarket, after Dow Inc beat earnings estimates by 27 cents with quarterly a profit of $2.72 per share.
AT&T: AT&T reported adjusted quarterly earnings of 89 cents per share, 10 cents above estimates, with revenue also above Wall Street projections.
DR Horton: The homebuilder’s shares fell 4.4% in premarket action despite the company reporting stronger-than-expected earnings.
Southwest Airlines: Southwest shares fell 2.4% in the premarket, as its 35 cents per-share loss for the second quarter was wider than the 23 cent loss analysts were expecting.
Blackstone Group: The private equity firm reported earnings per share of 82 cents for the second quarter, 4 cents above estimates.
Crocs: The footwear maker’s shares rallied 8% after the company posted adjusted quarterly earnings of $2.23 per share, compared to a consensus estimate of $1.60.
Texas Instruments: Texas Instruments beat earnings estimates by 22 cents with a quarterly profit of $2.05 per share. Revenue also beat analyst forecasts.
Las Vegas Sands: Las Vegas Sands lost 26 cents per share, 10 cents more than Wall Street was anticipating for the casino operator, and revenue also fell short of estimates. However, the company said it remained confident about a rebound in travel and tourism. Las Vegas Sands fell 2.2%.
Final Words
Thanks for reading our article Stocks Making the Biggest Move in the Premarket. Continue reading and have a good day.