Stocks making the biggest moves in the premarket: Dollar General, Signet Jewelers, Petco & more

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The stocks making the biggest moves in premarket trading include Dollar General, Signet Jewelers, Petco, and more.

– Williams-Sonoma reported quarterly earnings of $3.95 per share compared to a consensus estimate of $3.39 a share. The housewares retailer's revenue beat estimates as well, helped by people spending more time at home amid the pandemic. The company also announced an 11% dividend hike and authorized a $1 billion share repurchase program. Williams-Sonoma surged 11.1% in premarket action.

– Nikola said South Korean stakeholder Hanwha plans to sell up to half its stake in the electric truck maker this year, reducing its 5.65% stake. Nikola added that the maker of optoelectronic components remains an "Important strategic partner." Its shares lost 3.6% in premarket action. – Shares fell 4.

 

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Yet DollarGeneral just cut all their store managers raises this year. After they sacrificed their lives all year in a pandemic. Most getting way smaller raises than the previous year. Many are quitting because of the outright disrespect. DG had a 28% increase in sales.

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