Stocks making the biggest moves premarket: Hewlett Packard Enterprise, Instacart, CrowdStrike and more

by | Jun 5, 2024 | Financial

Check out the companies making headlines before the bell. CrowdStrike — Shares soared 10% after the cybersecurity firm posted better-than-expected first-quarter results and strong guidance. CrowdStrike reported adjusted earnings of 93 cents per share on $921 million in revenue, which was higher than the 89 cents on $905 million in revenue analysts polled by LSEG had expected. Hewlett Packard Enterprise — The technology stock climbed 15% after Hewlett Packard reported stronger-than-expected results for its fiscal second quarter. The company reported adjusted earnings of 42 cents per share on revenue of $7.2 billion, while analysts surveyed by LSEG had expected per-share earnings of 39 cents on $6.82 billion of revenue. Dollar Tree — The discount retailer slipped 2% after reporting first-quarter results that were in line with analysts’ expectations, according to LSEG. Dollar Tree CEO Rick Dreiling also said the company is exploring a sale of Family Dollar after acquiring the chain in 2015. PVH — Shares slipped more than 1% after the luxury clothing brand owner announced that Martijn Hagman, CEO of Tommy Hilfiger Global and PVH Europe, would be leaving the company. PVH also reported a first-quarter earnings and revenue beat and raised its full-year earnings guidance. Nio — The electric vehicle manufacturer added 1% after the company won regulatory approval to build a third factory in China , according to Re …

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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell. CrowdStrike — Shares soared 10% after the cybersecurity firm posted better-than-expected first-quarter results and strong guidance. CrowdStrike reported adjusted earnings of 93 cents per share on $921 million in revenue, which was higher than the 89 cents on $905 million in revenue analysts polled by LSEG had expected. Hewlett Packard Enterprise — The technology stock climbed 15% after Hewlett Packard reported stronger-than-expected results for its fiscal second quarter. The company reported adjusted earnings of 42 cents per share on revenue of $7.2 billion, while analysts surveyed by LSEG had expected per-share earnings of 39 cents on $6.82 billion of revenue. Dollar Tree — The discount retailer slipped 2% after reporting first-quarter results that were in line with analysts’ expectations, according to LSEG. Dollar Tree CEO Rick Dreiling also said the company is exploring a sale of Family Dollar after acquiring the chain in 2015. PVH — Shares slipped more than 1% after the luxury clothing brand owner announced that Martijn Hagman, CEO of Tommy Hilfiger Global and PVH Europe, would be leaving the company. PVH also reported a first-quarter earnings and revenue beat and raised its full-year earnings guidance. Nio — The electric vehicle manufacturer added 1% after the company won regulatory approval to build a third factory in China , according to Re …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
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