Today's pre-market stock movers: NFLX, NVAX, ASML, BBWI and more
Gainers:
In reaction to earnings/guidance:
• $Netflix (NFLX.US)$ +6.3% (Netflix executives said they expect 1 million new subscribers to join in the third quarter, with revenue forecast to grow to $7.84 billion from $7.48 billion a year ago)
• $Abbott Laboratories (ABT.US)$ +0.6% (Abbott Laboratories raised its full-year earnings guidance after posting a wider profit and 10% sales jump for the second quarter.)
• $Nasdaq (NDAQ.US)$ +0.5% (Nasdaq Q2 earnings beat with Solutions Segment revenue climbing 10% Y/Y)
Other news:
• $Aehr Test Systems (AEHR.US)$ +7.3% (receives $12.8 mln in orders from its lead silicon carbide test and burn-in customer)
• $Biodesix (BDSX.US)$ +4.5% (to present data at IASLC 2022 World Conference demonstrating that the VeriStrat Test is predictive of progression free survival and overall survival in patients with low or negative PD-L1 treated with immune checkpoint inhibitors)
• $Lattice Semiconductor (LSCC.US)$ +1.5% (collaborates with LG to bring edge AI technology to LG's 2022 premium laptop lineup)
• $Novavax (NVAX.US)$ +1.3% (confirms that CDC Advisory Committee voted unanimously to recommend COVID-19 vaccine; President Biden issues statement on FDA and CDC authorizing Novavax's COVID-719 vaccine for adults)
Losers:
In reaction to earnings/guidance:
• $Forestar Group (FOR.US)$ -10% (Forestar Group shares dived after lot deliveries slid in the third quarter and the company cut its guidance for fiscal 2022)
• $Bath & Body Works (BBWI.US)$ -8.6% (Bath & Body Works cut its Q2 earnings from continuing operations guidance to between $0.40 and $0.42 per diluted share from its earlier outlook for $0.60 to $0.65)
• $Baker Hughes (BKR.US)$ -4.7% (Baker Hughes missed estimated earnings by 50.0%, reporting an EPS of $0.11 versus an estimate of $0.22)
• $Biogen (BIIB.US)$ -1% (Biogen said it expects earnings to be somewhere between $15.25 to $16.75 per share for this year, more than its prior expectation of $14.25 to $16.00 a share)
Other news:
• $Revolution Medicines (RVMD.US)$ -11.5% (prices offering of 11.5 mln shares of common stock at $20.00 per share)
Analyst comments:
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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72796172 : Keep selling and I'll keep buying
72774701 72796172 : $Apple (AAPL.US)$ 1000000