Some of the stocks that may grab investor focus today are:
- C3.ai (NYSE:AI) shares plummeted 24.9% in premarket trading Thursday after the software company’s executives guided for smaller revenue gains in the coming year than Wall Street expected.
- Chewy Inc. (NYSE:CHWY) stock soared 17.8% in premarket trading Thursday after the online pet-products retailer turned in a surprise profit and forecast a revenue range that was mostly above Wall Street estimates.
- Analysts are expecting Lululemon Athletica Inc. (NASDAQ:LULU) to have earned $1.43 per share on revenue of $1.53 billion. The company will release earnings after the markets close. Lululemon shares rose 3% to $298.56 in premarket trading Thursday.
- UiPath Inc. (NYSE:PATH) shares surged 8.8% in premarket trading Thursday after the “software robot” provider reported a narrower-than-expected loss and forecast an outlook just above the Wall Street consensus.
- GameStop Corp (NYSE:GME) reported first-quarter revenue that exceeded market expectations on Wednesday, as the video game retailer pivots toward a more online-focused model amid increasing competition from large retailers such as Walmart Inc and Amazon.com Inc. GameStop shares gained 1.3% in premarket trading Thursday.
- SentinelOne (NYSE:S) stock dipped 0.6% in premarket trading Thursday even though the cybersecurity firm reported a smaller-than-expected loss in its April-quarter earnings, and revenue topped Wall Street targets.
- CrowdStrike (NASDAQ:CRWD) will release much-anticipated earnings this Thursday after the market close. CrowdStrike shares fell 0.3% to $161 in after-hours trading Wednesday.
- MongoDB Inc. (NASDAQ:MDB) shares rose 6.8% in premarket trading Thursday after the database company’s quarterly results topped Wall Street estimates.
- Wall Street expects Hormel Foods Corporation (NYSE:HRL) to report quarterly earnings at $0.47 per share on revenue of $3.07 billion before the opening bell. Hormel Foods shares fell 1% to $47.79 in after-hours trading Wednesday.
- Hewlett Packard Enterprise Company (NYSE:HPE) reported weaker-than-expected results for its second quarter and lowered its full-year profit forecast. HPE shares dropped 6.8% to $14.70 in the after-hours trading Wednesday.
- NetApp, Inc. (NASDAQ:NTAP) reported better-than-expected earnings for its fourth quarter. The company said it sees Q1 adjusted earnings of $1.05 to $1.15 per share on sales of $1.475 billion to $1.625 billion. NetApp shares surged 3.3% to $74.90 in the after-hours trading Wednesday.
- Analysts expect Ciena Corporation (NYSE:CIEN) to post quarterly earnings at $0.54 per share on revenue of $950.83 million before the opening bell. Ciena shares rose 1.5% to $52.12 in after-hours trading Wednesday.