Stocks making the biggest moves premarket: Z, PTON, SNDK, MRNA
Check out the companies making the biggest moves in premarket trading: Peloton Interactive — The connected fitness company sank nearly 14% after its fourth quarter results. Its earnings of 13 cents per share was in line with estimates, while its revenue topped expectations. Peloton also reported its active paying subscribers fell 8.8% year over year. Moderna — The Food and Drug Administration approved Moderna’s mRNA flu vaccine, mFlusiva, for adults 50 years and older. Shares rose 4%. Versant Media — Shares jumped 5% after the media company raised its full-year outlook and reported beats on both the top and bottom lines. Versant now expects 2026 revenue of $6.2 billion to $6.45 billion and adjusted earnings before interest, taxes, depreciation and amortization of $1.9 billion to $2.05 billion. Warby Parker — The eyeglass maker shed 7% after its second-quarter revenue of $235.5 million fell short of the LSEG consensus estimate of $238 million. Its EBITDA, however, topped expectations. Warby Parker also reaffirmed its full-year guidance. IonQ — Shares of the quantum computing company rose 3.9% on better-than-expected revenue for the second quarter. IonQ’s full-year revenue guidance of $280 million to $290 million also exceeded a FactSet consensus of $268.6 million. Sandisk — The memory chip giant slid 10% as revenue guidance appeared to disappoint traders. Sandisk said it sees first quarter revenue in a range of $10.3 billion to $10.8 billion, while the LSEG consensus sought $10.47 billion. Fourth quarter results beat expectations on the top and bottom lines. Figma — The maker of the graphics editing app shed 14% after full-year guidance for adjusted operating income came in soft. The company sees operating income ranging from $125 million to $135 million, excluding items, versus the FactSet consensus for $133.2 million. Second quarter results beat estimates otherwise. DoorDash — The meal delivery service added 4% after its quarterly revenue of $4.45 billion beat the LSEG consensus of $4.34 billion. Its earnings of 46 cents a share came in line with expectations. Zillow — The online real estate marketplace slid more than 11% after it expanded chief financial officer Jeremy Hofmann’s role, giving him the additional title of chief operating officer. The company also reported a solid quarter after the bell, with adjusted earnings per share of 52 cents topping estimates of 45 cents, per LSEG, and $772 million in revenue beating estimates of $758 million. A day earlier, the company announced it would let go of about 500 employee s. Western Digital — Shares of the data storage company slumped more than 15% as current quarter projections underwhelmed traders. Western Digital called for adjusted earnings of $4 a share, plus or minus 15 cents, on revenue of $4.1 billion, plus or minus $100 million. The LSEG consensus estimate forecast $3.81 a share on $4.04 billion in revenue. Salesforce — Shares were down almost 5% after the company announced it will name Miguel Milano as operating chief on Wednesday. Milano, once an executive at Oracle, previously worked for Salesforce for nearly a decade in Europe. The company’s shares are down over 27% year to date. Duolingo — The mobile learning platform saw its shares tumble 7% after revenue guidance for the current quarter came in lighter than expected at $302 million versus FactSet consensus estimates of $303.9 million. Guidance for bookings in the period also missed the mark, expected to land at $307 million versus the anticipated $308.8 million. Bumble — Shares fell 5% for the dating app. Bumble posted a loss of 84 cents per share in the second quarter, versus the FactSet consensus estimate fora profit of 25 cents per share. The company shared third quarter guidance, calling for adjusted EBITDA in a range of $56 million and $60 million, versus the FactSet consensus estimate for $68.7 million. AppLovin — The marketing platform operator tanked nearly 20% after third quarter projections disappointed Wall Street. The company sees adjusted EBITDA for the period in a range of $1.71 billion to $1.74 billion, while the StreetAccount consensus estimate sought $1.75 billion. Revenue in the second quarter also narrowly missed estimates. Diageo — The world’s biggest spirits company unveiled a $1 billion cost-cutting plan to help turn around its business, sending shares 7% higher. Diageo also posted a decline in net sales for the year ending in June, but an increase in adjusted operating profit. CNBC’s Fred Imbert, Darla Mercado, Tanaya Macheel and Ananya Chetia contributed reporting. Disclosure: Versant Media is the parent company of CNBC.
