Stocks making the biggest moves premarket: Tiffany, Hibbett Sports, Nike, Gamestop & more

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Some of the names on the move ahead of the open.

div > div.group > p:first-child"> Tiffany — Tiffany came in 7 cents a share above estimates, with quarterly profit of $1.67 per share. The luxury goods retailer's revenue was short of forecasts, however, and Tiffany's comparable sales fell 1 percent compared to analysts' projections of a 0.8 percent increase.

GameStop — GameStop named George Sherman as its new chief executive officer. Sherman had most recently been CEO of privately owned Victra, a retailer of Verizon products. Sherman had previously worked at Home Depot and Best Buy, and will start his new role at the video-game retailer in April. Tesla — Tesla CEO Elon Musk sent an email to employees saying that vehicle deliveries should be a"primary priority" for all employees as the quarter draws to a close.

Newmont Mining — Newmont's deal to merge with Goldcorp is running into opposition from hedge fund Paulson & Co., one of Newmont's biggest shareholders. The fund sent a letter to Newmont CEO Gary Goldberg saying that under current terms, it could not support the transaction.

 

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