Stocks making the biggest moves in the premarket: Virgin Galactic, Callaway Golf, Palantir & more

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The stocks making the biggest moves in premarket trading include Virgin Galactic, Callaway Golf, Palantir, and more.

– The apparel maker earned 39 cents per share for its latest quarter, beating the 26 cents a share consensus estimate. Revenue came in slightly above analysts' forecasts, however its current-quarter and full-year forecast both fell short of expectations. Its stock tumbled 11.3% in the premarket. Hanesbrands also announced a three-year plan designed to boost sales and profit margins.

– The maker of consumer self-care products saw its stock fall 3% in premarket trading after quarterly profit and revenue fell short of Wall Street consensus. Perrigo reaffirmed its prior full-year forecast and noted the tough comparisons to a year ago when consumers stocked up on products as the pandemic took hold. – The luxury goods consignment retailer matched Street forecasts with a quarterly loss of 49 cents per share, with revenue beating estimates.

 

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chamath virgingalactic richardbranson

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Thank you CNBC for pumping all these crap stocks

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