Stocks making the biggest moves in the premarket: Virgin Galactic, Kohl's, Cisco Systems & more

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The stocks making the biggest moves in premarket trading include Virgin Galactic, Kohl's, Cisco Systems

– Petco gained 1% in premarket action, after reporting quarterly earnings of 17 cents per share compared to a consensus estimate of 9 cents a share. The pet products retailer's revenue also beat Wall Street forecasts, and it raised its full-year outlook. – Cisco beat estimates by a penny a share, with quarterly earnings of 83 cents per share. The networking equipment maker's revenue also topped Wall Street forecasts, however Cisco issued weaker-than-expected current-quarter guidance.

– Squarespace remains on watch after the website hosting company's stock fell during its first trading day. Squarespace went public via direct listing, with a reference price of $50 and initial trading at $48, but the value was below where it had been during a private stock sale earlier this year. – Synopsys shares rose 2.

 

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