These are the stocks posting the largest moves in premarket trading.
Check out the companies making headlines before the bell. Abercrombie & Fitch — Shares slipped nearly 4% despite the apparel retailer's earnings beat and strong holiday guidance . Abercrombie & Fitch reported third-quarter earnings of $2.50 per share, topping the $2.39 per share LSEG consensus estimate. Revenue was $1.21 billion, versus the $1.19 billion expected. The company also raised its full-year guidance. Best Buy — Shares slid 7.
Dick's raised its full-year guidance and said it now expects fiscal 2024 same-store sales to grow between 3.6% and 4.2%, up from a previous range of 2.5% to 3.5% Zoom Video Communications — Shares slipped roughly 10.5% after the video software maker gave fiscal fourth-quarter adjusted earnings per share guidance that was roughly in line with estimates. Zoom exceeded Wall Street's profit and revenue estimates for its fiscal third quarter, however.
Breaking News: Markets Economy Stock Markets Market Insider Markets DICK's Sporting Goods Inc Amgen Inc Zoom Video Communications Inc Rivian Automotive Inc KOHLS CORP DRN Best Buy Co Inc Fluence Energy Inc Abercrombie & Fitch Co Stellantis NV Stellantis NV Volkswagen AG LILLY DRN Business News
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