Premarket Movers | Tilly's Soars 18%; Broadcom Down 11%; PVH, Netskope Down 20%

Tiger Newspress06-04 16:07

Tilly's jumps 18% in premarket trading. The retailer posted a 22.9% increase in Q1 same-store net sales, with its full-year guidance comfortably topping market estimates.

C3.ai shares up 2% after the artificial intelligence software company surpassed Wall Street’s expectations with its fiscal fourth-quarter earnings and issued solid guidance.

CrowdStrike Holdings shares dropped 11% in premarket trading after the results.

Chipmaker Broadcom missed Wall Street expectations for second-quarter revenue on Wednesday and its top executive left a previous 2027 sales forecast unchanged, ‌sending its shares down more than 11% in premarket trading.

Five Below dropped 12% in premarket trading despite a 22.7% year-over-year rise in Q1 same-store sales, as the firm turns cautious on consumer spending ahead.

Petco Health and Wellness Company shares dropped 12% in premarket trading after the results.

PVH Corp dropped 20% in premarket trading as Q1 revenue tops estimates yet firm guides cautiously for full-year results.

Netskope tumbled 20% in premarket trading. While its Q1 financials topped consensus forecasts, soft free cash flow alongside a CFO turnover triggered the sharp selloff.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment