Stocks making the biggest moves premarket: Target, JD.com, Macy's and more

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Stocks making the biggest moves premarket: Target, JD.com, Macy's and more
Investment StrategyBreaking News: InvestingMarkets

Several retail stocks were making large moves before the opening bell on Wednesday.

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Here are the stocks making notable moves before the opening bell. Target — Shares jumped nearly 14% in the premarket after the retailer posted second-quarter results that beat expectations. Earnings per share came in at $2.57, while revenue totaled $25.45 billion. Analysts polled by LSEG expected a profit of $2.18 per share on revenue of $25.21 billion. However, Target maintained a cautious outlook for the full year. JD.

7% after Mizuho upgraded Corning to outperform from neutral, saying a recent pullback in the stock gives investors an attractive entry point into an optical glass fiber business that has robust growth prospects. Keysight Technologies — Shares of the electronics company jumped 11% after revenue fell less than expected in the firm's fiscal third quarter. Keysight reported $1.22 billion in sales, while analysts expected $1.19 billion, according to LSEG.

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