Today's Pre-Market Movers and Top Ratings | MSTR, NVDA, SNOW, PANW and More

Movers and Shakers joined discussion · Nov 21 21:11

Morning Movers

Gapping up

$Deere (DE.US)$ 's stock rose by 1.6% following their announcement of fourth-quarter earnings that surpassed analyst forecasts, despite substantial market hurdles.

Cryptocurrency-related stocks experienced a widespread surge. $MicroStrategy (MSTR.US)$ saw a significant increase, jumping over 13%, while $MARA Holdings (MARA.US)$ climbed more than 11%.

$Snowflake (SNOW.US)$ 's shares surged 23.3% as the company upgraded its annual product revenue outlook and announced a collaboration with AI firm Anthropic to bolster its cloud offerings.

$Novartis AG (NVS.US)$ ADRs ticked up by 0.2% after the company improved its growth projections, showing confidence in its future performance.

$Logitech International (LOGI.US)$ 's shares increased 1% after UBS changed its rating on the company to ‘neutral’ from ‘sell’, pointing to a stabilizing risk-reward scenario after the stock's earlier substantial decline.

Gapping down

$NVIDIA (NVDA.US)$ 's shares dipped 0.7% due to a disappointing revenue forecast that suggested a significant deceleration in quarterly revenue growth, contrasting with its robust growth in the past three quarters.

Shares of $Palo Alto Networks (PANW.US)$ fell 2.8% even though the company reported exceeding quarterly revenue and profit expectations, alongside announcing a two-for-one forward stock split.

$PDD Holdings (PDD.US)$ ' shares tumbled 10% as the company, which owns Temu, faced a severe earnings shortfall for the quarter amid escalating competition.

Source: CNBC; Investing.com

US Top Rating Updates on 11/21