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Stocks making the biggest moves premarket: Snowflake, Nvidia, BJ's Wholesale and more

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These are the stocks posting the largest moves in premarket trading.

Check out the companies making headlines before the bell. Snowflake – Shares surged more than 21% following the company's better-than-expected third-quarter results and strong guidance. Snowflake posted adjusted earnings of 20 cents per share on revenue of $942 million. Analysts surveyed by LSEG were looking for 15 cents in earnings per share on revenue of $897 million.

Crypto-related stocks – Stocks tied to bitcoin moved higher after the price of the cryptocurrency hit $98,000 for the first time . MicroStrategy soared about 11%, while Coinbase jumped nearly 4%. Others linked to the cryptocurrency like miner Mara Holdings and financial services platform Robinhood also saw gains, rising almost 10% and more than 3%, respectively. Baidu – U.S.

 

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