Stocks making the biggest moves in the premarket: Casper Sleep, Tesla, Eventbrite, Hertz & more

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The stocks making the biggest moves in premarket trading include Casper Sleep, Tesla, Eventbrite, Hertz, and more.

– The retailer of mattresses and other sleep products lost $1.23 per share for its latest quarter, compared to a consensus estimate of an 84 cents per share loss. Revenue, however, beat Street forecasts, and its online platforms saw an increase in business as retail locations closed. Casper said the Covid-19 pandemic is having an impact on its revenue, and that it is furloughing some employees to save costs and cutting back on planned new store openings.

– The industrial equipment maker earned 25 cents per share for the first quarter, 3 cents a share shy of estimates. Revenue beat forecasts. The acquisition of Ingersoll-Rand by Gardner Denver was completed on Feb. 29, with Gardner Denver assuming the Ingersoll-Rand name.

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