Today's Pre-Market Movers and Top Ratings | PRGS, DJT, KBH, BILI and More
Morning Movers
Gapping up
$Progress Software (PRGS.US)$ stock climbed 6.9% after the global software company reported higher-than-expected earnings for the fiscal third quarter and raised its outlook for the year.
$Trump Media & Technology (DJT.US)$ stock increased by 5.5%, rebounding after Republican candidate Donald Trump revealed details of his economic plans for the country, which included several new manufacturing proposals.
$Hewlett Packard Enterprise (HPE.US)$ shares rose nearly 3% after Barclays upgraded the stock from equal weight to overweight. Barclays described Hewlett Packard Enterprise as the best investment opportunity amid a rebound in enterprise hardware.
Gapping down
$Stitch Fix (SFIX.US)$ stock plunged 26% after the online personal styling service reported a fiscal fourth-quarter loss that was wider than expected and issued disappointing guidance.
$KB Home (KBH.US)$ stock declined by 6.6% after the homebuilder reported third-quarter earnings that missed expectations and provided weaker-than-anticipated guidance.
$Bilibili (BILI.US)$ shares declined by over 5%, despite JPMorgan naming it a top pick among Chinese-based digital entertainment companies. JPMorgan highlighted Bilibili's mobile game "Sanmou" and its upcoming third-quarter earnings as potential catalysts for the stock.
Source: CNBC; Investing.com
US Top Rating Updates on 09/25
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104556909 : good