Check out the companies making headlines before the bell. PVH — Shares of the Calvin Klein and Tommy Hilfiger parent tanked more than 21% on weak revenue guidance for the first quarter and full year. The retailer surpassed quarterly estimates on the top and bottom lines, but warned of a tougher macroeconomic setup and particular weakness in Europe.
Blackstone — Blackstone slipped 1% after UBS downgraded the alternative asset manager to neutral, saying the stock could come under pressure from a slow recovery in the real estate market. Trump Media and Technology — Shares of the holding company for Truth Social fell more than 2%. That decline extended a drop of more than 21% on Monday, after the company disclosed that it generated less than $5 million of revenue in 2023. Figs — The medical scrubs maker slumped 4.
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