Stocks making the biggest moves premarket: Starbucks, Shopify, Roku and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

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

Check out the companies making headlines before the bell. Starbucks — Shares of the coffee giant jumped 5.6% after Starbucks' quarterly earnings and revenue exceeded analysts' expectations. The company's same-store sales also rose by 8%, driven by higher average checks and a 3% increase in customer traffic to Starbucks cafes. Domestic locations outperformed. SolarEdge — The solar stock plunged 16.

Roku — The streaming video platform stock surged 18% after Roku's third-quarter revenue and fourth-quarter guidance topped expectations. The company generated $912 million in revenue, compared to the $855 million predicted by Wall Street analysts, according to LSEG, as active accounts rose above 75 million. Roku's fourth-quarter guidance for revenue and a key profitability metric also topped expectations, according to Street Account. Peloton — Shares of Peloton plunged about 6.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

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

Japanese stocks rise for third session as Hong Kong stocks gainSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »

Roku earnings: What to expect from the streaming powerhouseRoku reports third-quarter earnings after the close of Wednesday’s trading
Source: MarketWatch - 🏆 3. / 97 Read more »