Check out some of the major premarket engines:
General Dollar (DG): General Dollar shares fell 6.1% in pre-market shares after the discount retailer missed estimates of 10 cents per share, with quarterly earnings of $ 2.62 per share. The company exceeded revenue estimates as comparable store sales increased more than expected.
Signet Jewelers (GIS): Jewelry retailer shares jumped 5.7% in premarket trade after an optimistic quarterly report. Signet earned $ 4.15 per share, compared to a consensus estimate of $ 3.54 per share. Revenue was above estimates, amid strong sales in comparable stores.
Petco (WOOF) – In its first report since it went public in January, the pet supplies retailer reported a quarterly profit of 17 cents per share, 6 cents per share above estimates. Revenue also exceeded Wall Street forecasts, with comparable store sales up 17%. Shares gained 3.2% in the premarket.
Accenture (ACN): The consultancy reported a quarterly profit of $ 2.23 per share, surpassing the consensus estimate of $ 1.90 per share. Revenue also exceeded forecasts. Accenture also increased earnings forecast as more companies use their services to move to cloud-based operations. Accenture added 2.2% in premarket trading.
Apple (AAPL): Apple plans to launch a new iPad line next month, according to a Bloomberg report. IPad sales have increased over the past year as more people worked and attended school remotely due to the pandemic. Apple fell 1% in premarketing shares.
Five Below (FIVE): The discount retailer exceeds estimates by 9 cents per share, with a quarterly profit of $ 2.20 per share. Revenue also exceeded Wall Street forecasts, driven by a 14% jump in comparable store sales. Shares rose 5.7% in premarket trading.
Coherent (COHR): The battle for bids continues for the laser product maker, with a new bid from optical component maker II-VI (IIVI) worth about $ 7 billion in cash and stock. Coherent initially agreed to be acquired by telecommunications equipment maker Lumentum (LITE) in January, but became the target of a three-way competition between II-VI, Lumentum and MKS Instruments (MKSI) which has now resulting in a total of 9 offers. . Coherent added 3.4% to the pre-market, while II-VI fell 1.6%.
Williams-Sonoma (WSM) – Williams-Sonoma reported quarterly earnings of $ 3.95 per share compared to a consensus estimate of $ 3.39 per share. The household item retailer’s income also exceeds estimates, helped by people who spend more time at home amid the pandemic. The company also announced an 11% dividend increase and authorized a $ 1 billion share repurchase program. Williams-Sonoma rose 11.1% in premarketing stock.
PagerDuty (PD): PagerDuty lost 7 cents per share during its last quarter, less than the 11 cents per share Wall Street analysts expected. The operating software company’s revenue exceeds forecasts, but expects a wider loss for the full year than analysts ’forecasts. Shares fell 4.4% in the premarket.
Nikola (NKLA) – Nikola said South Korean stakeholder Hanwha plans to sell up to half of its stake in the electric truck maker this year, reducing its stake by 5.65%. Nikola added that the manufacturer of optoelectronic components remains an “important strategic partner”. Its shares lost 3.6% in premarketing shares.
Lordstown Motors (RIDE) – Shares fell 4.2% in pre-market trading after Lordstown said it had received a request for information from the Securities and Exchange Commission on allegations made in a report by the short seller Hindenburg Research. The report accused the electric vehicle manufacturer of misleading consumers and investors, but Lordstown said the report was full of “lies and half-truths”.
Sundial Growers (SNDL): Shares of Canadian-based cannabis producer rose 8.4% in premarket trade after reporting better-than-expected revenue in its last quarter. The company also said it successfully restructured the company during 2020, positioning it for future success. Shares rose 7.8% in the premarket.
National Grid (NGG): National Grid buys the UK distribution network unit from PPL Corp. (PPL) based in Pennsylvania for $ 10.9 billion. At the same time, the multinational electric company sells Rhode Island-based Narragansett Electric Company to PPL for $ 3.8 billion. PPL added 1.7% in premarket trading.
Peloton (PTON) – Peloton CEO John Foley told Bloomberg that the fitness equipment maker has expanded its production capacity by 700% over the past year and that its supply of bicycles for exercise is now close to meeting demand. Platoon fell 1.7% in the pre-market