These are some of the stocks posting the largest moves in premarket trading.
— The sportswear maker's Class A shares slumped 11% and its Class C stock fell 9% after it issued lower-than-expected full-year earnings guidance. Under Armour now expects earnings in the range of 18 cents to 21 cents while analysts polled by FactSet had forecast 59 cents.— The coat maker jumped more than 12% after beating Wall Street estimates for sales and earnings in its fiscal fourth quarter.
Cisco Systems also hiked its 2024 revenue guidance, saying it now expects revenue of $53.7 billion at the midpoint of a range.of the meme stock movement on Monday and Tuesday. Stock in movie theater chain AMC fell nearly 11% on Thursday, while GameStop pulled back roughly 14%. For the week, however, shares of AMC and GameStop have soared more than 80% and 140%, respectively.— The agricultural equipment maker slipped nearly 6% after slashing its full-year outlook.
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