Check out the companies making headlines in premarket trading. CrowdStrike — Shares of the cloud security platform ticked up about 2% following an upgrade to buy from HSBC. Analyst Stephen Bersey asserted that "the bad news is behind us" on CrowdStrike stock regarding the mid-July outage tied to a software update. Lululemon — The athleisure stock advanced 4.5% after following an earnings beat. Lululemon reported $3.
Ulta Beauty — The beauty retailer saw shares tumbling more than 8% in premarket trading after the company fell short of second-quarter expectation s and trimmed its full-year guidance after a decline in same-store sales. It marked the company's first earnings per share miss since May 2020 and first revenue miss since December 2020. Marvell Technology — The semiconductor company advanced more than 10% after its third-quarter outlook surpassed Wall Street estimates.
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