The companies are making news before the bell.
In order to enable a stock split, the company plans to seek shareholder approval to increase the number of shares. The retailer wants to increase the number of shares from 300 million to 1 billion. The stock jumped in the premarket.
J.P. Morgan Securities removed the stock from its focus list because of a moderation in consumer spending. The firm retained an overweight rating on the stock.
The communications software company earned an unexpected profit, but its revenue fell short of expectations. Growth in its cybersecurity unit flattened as the revenue miss came. The shares fell in premarket trading.
The stock of Wynn Resorts was upgraded by Citigroup to "buy" from "neutral" in the premarket.
The China-based electric vehicle maker reported 31,716 vehicles deliveries in March, more than double the year-ago total.
In March, the China-based electric vehicle company Nio delivered 9,985 vehicles, an increase of 37.6% from a year ago. Nio shares increased in premarket trading.
The small-cap mining company, best known for an investment from AMC Entertainment, added 3% in the premarket after reporting a smaller-than- expected quarterly loss. AMC shares were up 4.6%.
The online clothing marketplace operator's stock fell in premarket trading after it was lowered by analysts.
All Rights Reserved © 2024
