Stocks making the biggest moves premarket: HAE, AVGO, LULU, WOLF
Check out the companies making the biggest moves premarket: Haemonetics — The blood and plasma provider popped 8% after CSL expects to complete the rollout of Haemonetics’ plasmapheresis platform across the U.S. by the end of 2027. Wolfspeed — Shares surged more than 15% after the chipmaker secured a conditional $1.5 billion loan, marking a 30-year financing commitment from the Defense Department. The money will support domestic production, with the Pentagon receiving warrants for up to 7.5% of the company under the proposed terms. Broadcom — The chipmaker traded nearly 2% lower in the premarket. The company is working to arrange more than $50 billion in financing tied to the custom AI chips it is developing with OpenAI, according to a Wall Street Journal report . Taiwan Semiconductor Manufacturing — The world’s largest contract chipmaker reported September revenue growth of 54.6% year over year, pushing its third-quarter revenue to $16.03 billion and above expectations. To be sure, shares were down about 1% in early trading. Lululemon — Lululemon were down around 1% after the athleisure company announced former Nike executive and Athleta CEO Maggie Gauger will take over as chief product officer and Joseph Godsey as chief operating officer. The changes come as Lululemon CEO Heidi O’Neill looks to revive growth and reset the struggling North American business. Levi Strauss — Levi stock was down nearly 3% after the company posted third-quarter revenue of $1.61 billion, slightly missing expectations, as direct-to-consumer sales weakened in the U.S. and Europe. While the adjusted earnings beat estimates and the tariff refunds helped boost profitability for the denim retailer, its sales outlook was less optimistic. Applied Digital — Applied Digital rose 1% after the company reported fiscal first-quarter revenue of nearly $342 million, up 322% year over year. Its AI data-center business ramped sharply. CEO Wes Cummins recently said a Tier 1 hyperscaler is developing a roughly 1-GW self-build data center in North Dakota, further highlighting demand for AI infrastructure in the state. Palantir Technologies — The software giant rose more than 2%, bucking the broader market trend, after Goldman Sachs upgraded the stock to buy. “The [total addressable market] may be setting up for another step function change in depth, because of the shift to sovereign AI, bespoke applications, and Palantir … has sustained itself even with competitor investments,” analysts at the bank said.
