The companies are making news before the bell rings.
The beverage and snack giant reported an adjusted quarterly profit of $1.86 per share, 12 cents above estimates. Even as prices rise, the company raised its full-year forecast. There was a gain of 1.2% in the pre market.
After two years on the job, the CEO of Gap stepped down. Bob Martin, a former Walmart executive, will replace her on an interim basis.
The fitness equipment maker said it will expand its partnership with Taiwan-based manufacturer Rexon Industrial. After falling in pre market trading, Peloton went positive.
In a letter to Musk, the company said it did not violate any of its obligations under the takeover agreement. The past 2 days have seen a decline in the share price.
A new chief operating officer has been appointed by the restaurant chain. The stock gained 1.7% before the market opened.
The discount retailer's shares fell 4.2% in premarket trading after it reported lower-than- expected earnings. Supply chain disruptions and excess inventory levels caused PriceSmart to be affected.
The electric vehicle maker's stock skyrocketed in the pre market after it struck a deal to sell 4,500 delivery vehicles to Walmart. Up to 10,000 units can be purchased by Walmart.
The home builder's shares fell in premarket trading after J.P. Morgan Securities lowered its rating on the stock to "neutral" from "overweight."
Morgan Stanley lowered its rating on American Express to "equal-weight" from "overweight" before the market opened. According to the firm, the risk of a recession is not fully priced into American Express stock.
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