Stocks making the biggest moves premarket: CrowdStrike, Merck, PayPal, JetBlue and more
Here’s an update of companies making quite the buzz in premarket trading sessions.
CrowdStrike experienced a 5% dip in share value as Delta Airlines procures legal support for damage claims against CrowdStrike and Microsoft following a software update mishap that disrupted numerous flights in July.
Woodward, the aerospace and industrial equipment company experienced an over 11% share slide after their fiscal third-quarter revenue fell short of Wall Street projections.
F5 Inc shares skyrocketed almost 14% following successful top and bottom line fiscal third quarter reports.
Amkor Technology, the semiconductor manufacturing company, saw a more than 6% drop in shares after their third-quarter projection missed Wall Street predictions.
Merck experienced over a 1% drop in shares following the publication of a weaker-than-expected full-year earnings guidance.
Lattice Semiconductor’s shares plunged by 15.9% after their second-quarter earnings and revenue forecast for the current quarter fell below expectations.
Shares of Pfizer increased by 1.4% after the company reported exceeding second-quarter earnings and revenue projections and raised full-year outlooks.
Varonis Systems, the data security company, saw a 10% surge in shares after their second-quarter results exceeded expectations.
Shares of automation company, Symbotic, fell more than 19% after providing disappointing fiscal fourth quarter projections.
Shares of Howmet Aerospace, the aerospace manufacturer, rose 8% after reporting higher-than-projected second-quarter earnings.
Corning’s shares dropped 5.5%, despite announcing second quarter earnings per share slightly above expectations. Its earnings guidance, however, was just in line with analyst predictions.
Archer-Daniels-Midland’s shares lost 2% after second-quarter earnings fell short of the estimated consensus.
Shares of JetBlue Airways rose 4% after reporting a surprise profit in the second quarter.
A 4% surge was seen in PayPal shares after the company reported an impressive second-quarter earnings per share and raised their 2024 outlook.
Procter & Gamble shares saw a 3% decrease after the company reported disappointing second-quarter revenue.
Shares of Leidos, an IT service provider for U.S. Pentagon, rose by over 7% following impressive second-quarter results.
The shares of Zebra Technologies, the tracker and computer printing tech firm, increased by 3% after reporting successful second-quarter results.