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Stocks making the biggest moves premarket: Yelp, Sweetgreen, Novavax, Akamai Technologies and more

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Sanofi SA,3M Co,Novavax Inc

These are the stocks posting the largest moves in premarket trading.

Check out the companies making headlines before the bell. Akamai Technologies — Shares of the cloud company fell more than 10% after issuing weak guidance for the second quarter. Akamai sees adjusted earnings ranging from $1.51 to $1.56 per share on revenue of $967 million to $986 million. Analysts polled by LSEG forecasted earnings of $1.63 per share and revenue of $1 billion.

Insulet — Shares of the medical device company fell slightly as higher marketing expenses weighed on its first-quarter profits. Management guided full-year revenue growth in a range between 14% and 18% in 2024, while analysts polled by StreetAccount had estimated 15.5%. Natera — Shares soared more than 20% on better-than-expected results. The DNA testing company posted a loss of 56 cents per share, while analysts had estimated a loss of 71 cents, per StreetAccount. Revenue of $367.

 

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