Stocks making the biggest moves premarket: Ciena, GameStop, Rent The Runway and others

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These are the stocks posting the largest moves before the bell.

– The small-cap apparel retailer's shares initially rallied in the premarket after it announced a strategic partnership with global brand management firm WHP Global, which will take a $25 million stake in

Express. Separately, Express announced a wider-than-expected quarterly loss and lower-than-expected revenue in what its management said was a tougher quarter than it had anticipated. Shares rose 1.6% in premarket action.

 

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Wedbush says sell GameStop shares before Wednesday's earnings, stock still very much irrationalThe stock's price is disconnected from business fundamentals, the firm says. You know what’s irrational? All of the blatant market manipulation surrounding “MEME” stocks. The illegal naked short selling, failure to delivers, and tokenized shares artificially lowering stock prices. The SEC, OTTC, and DON not doing their jobs. That’s irrational! If the criminals at Wedbush say to sell then I'm buying hand over fist. Hi CNBC, I have bought and held AMC and GAMESTOP for 2 years now. I don't sell. I just ❤️ the stocks 😉 🦍❤️🍿 ApesTogetherStrong APESNOTLEAVING AMCNOTLEAVING checkmate AMCtothemoon 🚀 gamestopToTheMoon 🚀 LetThemEatCrow chokeOnThat
Source: CNBC - 🏆 12. / 72 Read more »

Rent the Runway Shares Surge After Fashion Rental Company Reports Stronger Quarterly SalesThe fashion rental company reported stronger revenue that beat expectations as customers opted to borrow designer clothes instead of buying them.
Source: nbcsandiego - 🏆 524. / 51 Read more »