Stocks making the biggest moves premarket: Dollar Tree, CrowdStrike, Wells Fargo, Constellation Energy and more
These are some of the stocks posting the largest moves in early trading trading
Check out the companies making headlines in premarket trading. Dollar Tree — The budget retailer slid about 4% after saying earnings per share could decline by as much as 50% in the current quarter, partly due to cost pressures from tariffs. Analysts polled by FactSet expected per-share earnings to fall just 2%. Thor Industries — The RV maker jumped about 12% after posting stronger-than-expected earnings for the fiscal third quarter and reaffirming full-year guidance. Thor earned $2.53 per share on revenue of $2.89 billion, while analysts surveyed by FactSet anticipated $1.79 and $2.61 billion, respectively. Hewlett Packard Enterprise – Shares jumped more than 7% after sales and profit at the data storage and networking services provider topped analyst estimates and it raised its profit outlook, expecting to take a smaller hit from tariffs than previously expected and saying most of its products comply with the U.S.-Mexico-Canada free trade deal. In the latest quarter, HPE earned an adjusted 38 cents per share on revenue of $7.63 billion, above analysts' consensus 32 cents per share on $7.45 billion, according to LSEG. CrowdStrike — The cybersecurity stock tumbled about 7% after saying it expects current quarter revenue of between $1.14 billion and $1.15 billion, missing the consensus forecast of $1.16 billion from analysts polled by LSEG. First quarter revenue matched analyst estimates at $1.10 billion. Asana — The enterprise software provider dropped 12%. First-quarter earnings of 5 cents per share, excluding items, on revenue of $187 million, topped analysts' estimates of 2 cents and $186 million, according to LSEG. The stock had run up 17% in the past month. Guidewire Software — The insurance technology provider climbed about 14% after fiscal third quarter earnings exceeded Wall Street estimates, coming in at 88 cents per share, excluding one-time items, on revenue of $294 million, while analysts surveyed by LSEG anticipated 46 cents and $284 million, respectively. Wells Fargo — The money center bank rose nearly 3% after the Federal Reserve removed an asset cap dating back to 2018 on the San Francisco-based lender Wells Fargo. The regulatory restriction had limited the bank's growth while it revamped its governance and risk management following several controversies. Constellation Energy — Shares lost nearly 3% after Citigroup downgraded to neutral from buy. Citi's call came after Constellation agreed Tuesday to sell nuclear-generater power to Meta Platforms as part of a 20-year contract. — CNBC's Pia Singh and Jesse Pound contributed reportingThis story originally appeared on: CNBC - Author:Alex Harring
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These are the stocks posting the largest moves midday
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These are some of the stocks posting the largest moves in premarket trading
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