Today's Pre-Market Movers and Top Ratings | AAPL, WDC, DECK, CNC and More
Morning Movers
Gapping up
$Deckers Outdoor (DECK.US)$ experienced a 13.9% surge in its stock price after upgrading its annual sales outlook and surpassing expectations for the second quarter, driven by strong demand.
$Western Digital (WDC.US)$ saw an 12.3% increase in its shares following a transition to profitability in the latest quarter, supported by robust sales in its cloud segment.
$Centene (CNC.US)$ 's shares jumped 14.4% as the company exceeded third-quarter profit forecasts, bolstered by solid performance in its commercial insurance sector.
Gapping down
$Apple (AAPL.US)$ 's shares declined by 0.4% after a slight drop in iPhone sales in China during the third quarter, highlighting intense competition in the largest smartphone market globally.
$Carter's (CRI.US)$ shares decreased by 2.6%, even though the clothing retailer surpassed earnings and revenue expectations for the quarter.
$New York Community Bancorp (NYCB.US)$ 's stock went down by 9.6% after the bank reported a quarterly loss and increased its reserves for potential loan losses.
$AutoNation (AN.US)$ 's stock value fell by 3.2% due to earnings falling short of estimates in the third quarter, further impacted by a software outage.
$Capri Holdings (CPRI.US)$ saw its stock plummet by 46% following a U.S. judge's decision to halt the $8.5 billion merger between the company, which owns Michael Kors and Jimmy Choo, and $Tapestry (TPR.US)$, the parent company of Coach, which subsequently saw its shares rise by 15%.
Source: CNBC; Investing.com
US Top Rating Updates on 10/25
Source: TipRanks
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