The companies are making news before the bell.
Amazon jumped 5.3% in the premarket after it announced a 20-for-1 stock split and a $10 billion share buy back program. The 20-for-1 split follows a similar move by the parent company of the internet giant, and is reviving discussion about whether or not the internet giant could become a member of the S&P 500.
The FAA has finalized safety directives for fixing engine issues on certain Boeing jets. The steps airlines will need to take to meet FAA requirements must be laid out by Boeing. Boeing fell in the premarket.
CrowdStrike surged in premarket trading after reporting better-than- expected quarterly profit and revenue. The forecast was positive. CrowdStrike said it would aggressively pursue market share.
Asana shares plummeted in the premarket after the company forecast a bigger than expected loss. Asana reported a narrower-than- expected loss for its most recent quarter, as well as revenue that exceeded analyst forecasts.
Marqeta reported better-than- expected revenue and a breakeven quarter in the face of an expected bottom-line loss. The company issued a revenue forecast.
The company reported better-than-expected profit and revenue for its latest quarter, as more shoppers used its e-commerce platform. The company's revenue growth has slowed since early 2020. Its stock fell in the premarket.
The company reported a loss of 31 cents per share, 6 cents wider than the consensus estimate. Revenue was well above estimates at $345 million, representing an increase of 64% over a year earlier, while active membership grew by 31%. Wheels Up shares were up 4% in the premarket.
According to the Wall Street Journal, Anthem plans to change its name to Elevance Health. It is designed to reflect the broadening of its corporate portfolio.
The footwear and accessories retailer reported better-than-expected quarterly revenue and profit, with same-store sales rising 10% and e-commerce sales jumping 36%, compared with a year ago.
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