October 01, 2022
11 11 11 AM
Breaking News :
FireNews : Ukraine war: Biden says US will not be intimidated by reckless Putin #FireNews365 FireNews : Eurasian Beaver now legally protected in England #FireNews365 FireNews : Bulgarian election: Russia overshadows vote in EU’s poorest country #FireNews365 FireNews : Sleeping in barns – homeless in the countryside #FireNews365 FireNews : Ukraine war: Tortured for refusing to teach in Russian #FireNews365 FireNews : Roblox removes ‘meat grinder’ Ukraine v Russia game #FireNews365 FireNews : Messages reveal how Musk and Twitter boss fell out #FireNews365 FireNews : Rare tree dormouse not seen for 20 years found in Austria #FireNews365 FireNews : Prince William makes online safety plea after Molly Russell verdict #FireNews365 FireNews : Iran protests: ‘Nine Europeans’ arrested in latest unrest #FireNews365

FireNews : Stocks making the biggest moves premarket: Electronic Arts, Gap, Ulta Beauty and more #FireNews365


Check out the companies making headlines before the bell:

Electronic Arts (EA) The video game company’s stock jumped 6.2% in the premarket on a Swedish media report that Amazon.com (AMZN) will announce an offer today to buy EA. 

Gap (GPS) – Gap rallied 6% in premarket trading after the clothing retailer reported an unexpected quarterly profit. Gap’s results were helped by a jump in sales of dressier clothes at its Banana Republic chain as more people returned to offices.

Affirm Holdings (AFRM) – Affirm slumped 13.5% in the premarket following a larger than expected quarterly loss and a weaker than expected outlook. The provider of buy now, pay later services saw revenue top Street forecasts. 

 Seagen (SGEN) – Seagen shares slid 10.9% in premarket action following a Bloomberg report that talks for the drug maker to be bought by Merck (MRK) have stalled. People familiar with the matter say the two sides have so far failed to agree on a buyout price.

Everbridge (EVBG) – Everbridge jumped 14.3% in the premarket on a report that the enterprise software company is exploring strategic options including a possible sale. People with knowledge of the matter told Bloomberg the company is working with an adviser.

Dell Technologies (DELL) – Dell fell 5.5% in premarket trading after quarterly revenue fell below analyst estimates, as sales waned following a pandemic-era boom in PC sales. Dell reported better than expected earnings for its latest quarter.

Farfetch (FTCH) Farfetch surged 14.1% in the premarket after the online luxury retailer reported a smaller than expected quarterly loss and revenue that topped analyst forecasts. 

Workday (WDAY) – Workday rallied 11.5% in premarket action after its quarterly profit and revenue topped estimates. Workday also issued an upbeat forecast as more customers adopt its human resources and finance software.

 Ulta Beauty (ULTA) – The cosmetics retailer reported better than expected results for its latest quarter and also issued an upbeat outlook, upholding a recent trend among beauty-related companies. Ulta added 3.8% in the premarket.

 Micro Focus (MFGP) – Micro Focus nearly doubled in off hours trading, rising 94.3% following news that the British enterprise software maker will be bought by Canadian software company OpenText (OTEX) in an all cash deal that values the company at $6 billion, including debt. OpenText shares fell 8.5%.

 

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