Stocks making the biggest moves premarket: Block, Tupperware, Nikola and more

— Fortinet tumbled 18.8% after posting a mixed second-quarter report and outlook. The cybersecurity company posted 38 cents in adjusted earnings per share on $1.29 billion in revenue, while analysts polled by Refinitiv had expected 34 cents per share on $1.3 billion.

Fortinet similarly issued mixed guidance for the current quarter, with forecast earnings in line with expectations and revenue coming in softer than the Street's expectations.— The stock popped 56% before the bell Friday on news that the container maker finalized a debt restructuring deal, which it expects will help reduce or reallocate about $150 million of cash interest and fees.

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Tupperware and Yellow have skyrocketed, but don’t confuse them with meme stocksShares of Tupperware and Yellow have soared recently, but they shouldn’t be confused with meme stocks, says Samantha LaDuc, founder of LaDucTrading.com
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Tupperware’s second-quarter report will be filed late, the company saysTupperware Brands Corp.’s second-quarter report will be filed late, the beleaguered maker of iconic food containers said Thursday. In an SEC filing,...
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