– Abercrombie & Fitch soared 12.8% in premarket action after reporting an unexpected quarterly profit and beating Street revenue forecasts.
The apparel retailer saw resurgent demand for clothing, like jeans and dresses, as consumers returned to work and participated in more social events. – The medical device maker's stock fell 3% in premarket trading after reporting a slight earnings beat on revenue that fell short of the consensus estimate. Medtronic's results were hit by a stronger U.S. dollar and a slower-than-expected rebound in procedures using its devices.
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