Stocks making the biggest moves premarket: FedEx, KB Home, Klaviyo and more

— Shares gained more than 5% after fiscal first quarter earnings results that topped expectations. FedEx reported adjusted earnings of $4.55 per share, greater than the $3.71 forecasted by analysts polled by LSEG. Its revenue of $21.7 billion was slightly below expectations of $21.74 billion.— The homebuilder stock fell more than 3% despite KB Home beating expectations in its third-quarter report. The company generated $1.80 per share on $1.59 billion of revenue.

— The marketing automation company stock slid more than 1% after it made its public debut. Shares opened Wednesday at $36.75 on the New York Stock Exchange. That was greater than the company's offering price of $30 per share.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These Stocks Are Moving the Most Today: FedEx, Klaviyo, KB Home, CrowdStrike, and MoreFedEx reports better-than-expected fiscal first-quarter earnings, Klaviyo shares decline after the stock rises 9% in its trading debut, and KB Home posts an...
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves midday: Instacart, Steelcase, Klaviyo and moreThese are the stocks posting the largest moves in midday trading.
Source: nbcchicago - 🏆 545. / 51 Read more »

Klaviyo prepares for US market debut after pricing IPO above rangeMarketing automation company Klaviyo was set to list its shares on the New York Stock Exchange on Wednesday, in a third big test for the market for new issues following smooth debuts of Arm Holdings and Instacart .
Source: Reuters - 🏆 2. / 97 Read more »