Check out which companies are making the headlines in pre-market trading.
snowflake Shares of the cloud data company jumped more than 13% after the company reported quarterly results that beat revenue estimates. Snowflake also reported $334 million in sales during the third quarter, which topped the $306 million forecast by analysts in a Refinitiv survey.
Boeing – Shares of the aircraft maker rose 4.4% after China’s aviation regulator cleared the Boeing 737 Max to return to flying on Thursday. This model has been grounded for over two years worldwide after two fatal accidents.
ring jewelry Signet Jewelers shares gained about 3% in the primary market after the company reported a better-than-expected earnings report. Signet earned $1.43 per share, 71 cents higher than Refinitiv’s estimate. Revenues were also higher than expected. Signet has raised its financial guidance for 2022.
An apple Apple shares fell 3% after the company told some of its suppliers that there may be a slowdown in demand for iPhone 13 models, according to a report from Bloomberg. She previously expected the initial production target to be lowered in 2022 but said that may not be achieved now.
five below The retailer’s shares gained more than 9% after reporting quarterly results that outperformed both earnings and revenue. It also reported a 14.8% increase in comparable store sales, smashing estimates of 5.3%, according to Refinitiv.
eight Al-Hawiya shares added 2.5% following the company’s quarterly results. Okta brought in a quarterly loss of 7 cents per share, narrower than the 24 cents-per-loss estimated by analysts. It also beat revenue estimates and issued guidance for the fourth quarter that was above estimates.
land end Lands’ End saw its shares plunge more than 14% in early morning trading after reporting lower-than-expected third-quarter earnings. The apparel retailer posted revenue of $375.8 million against the StreetAccount consensus estimate of $398 million. End of Lands earned 22 cents a share, in line with expectations. The company also released fourth-quarter earnings and revenue guidance that missed expectations.
general dollar – Shares of the general dollar fell 1.7% after the company revealed Planning to open 1000 Popshelf stores by the end of fiscal year 2025. Popshelf’s vision, targeting the affluent suburban shoppers, was announced a year ago. There are currently 30 Popshelf stores in six states.
CNBC’s Hana Miu contributed to this report.