Today's Pre-Market Movers and Top Ratings | SHOP, HD, V, COIN and More

$Home Depot (HD.US)$ 's stock climbed 0.9% following an updated forecast for higher annual same-store sales. This was attributed to steady demand from professional contractors which helped balance out the decreased spending on larger-scale projects like kitchen renovations.

$Shopify (SHOP.US)$ has outperformed Wall Street forecasts for its third-quarter revenue, achieving $2.16 billion in sales, which is above the anticipated $2.12 billion. Additionally, its gross merchandise volume saw a 24% increase from the previous year, reaching $69.72 billion and surpassing the expected $67.78 billion. Shares rose by 14.7% in premarket.

$Live Nation Entertainment (LYV.US)$ saw its shares increase by 5.2%. This rise was fueled by third-quarter profits that surpassed expectations, driven by effective cost management and the increased pricing of concert tickets.

$Tesla (TSLA.US)$ 's shares dropped by 0.9%, relinquishing some of the significant gains made post-election. This occurred after the company's market valuation surpassed the $1 trillion mark, boosted by CEO Elon Musk's support for President-elect Donald Trump.

Shares of $Trump Media & Technology (DJT.US)$ Group fell 3.7%, potentially erasing gains from Monday. The stock was considered a barometer for Trump's electoral prospects, leaving investors uncertain about the company's future direction.

$Visa (V.US)$ saw a slight decrease of 0.3% in its stock value after collaborating with fintech firm Affirm, which itself saw a decrease of 3.1%, to launch a new card in the U.S. This card is designed for both debit transactions and buy now, pay later options.

$Coinbase (COIN.US)$ 's stock fell by 3.2% as the cryptocurrency exchange gave up some recent substantial gains.