U.S. premarket movers highlight earnings swings and executive changes
Premarket trading in the U.S. is spotlighting sharp moves across retail, software, materials and consumer names as investors react to earnings, guidance and corporate announcements. Lululemon Athletica is among the steepest decliners after a weak quarterly outlook, while several software and industrial stocks are rising on stronger-than-expected results or forecasts.
Highlights
- Smith & Wesson jumps 11.7% to $12.75 after posting quarterly EPS of 6 cents and revenue of $112.6 million, both above analyst expectations.
- Lululemon Athletica plunges 20% premarket as its earnings and revenue guidance—93–98 cents EPS and $2.29–2.32 billion revenue—fall below Wall Street forecasts.
- Rare earth stocks such as USA Rare Earth and Critical Metals rise about 4% after a Reuters report of Chinese firms halting U.S. shipments amid geopolitical tensions.
Company updates drive early trading
As reported by CNBC, AMC Entertainment rises 5.5% after its chief executive criticizes Robinhood's stock tokens tied to AMC and other companies, calling the practice contemptible, outrageous and vile. Robinhood shares are down nearly 2%.Smith & Wesson jumps 11.7% after reporting quarterly results above expectations on both profit and revenue. The firearms maker posts earnings of 6 cents per share, compared with analysts' expectation for a 6-cent loss, while revenue reaches $112.6 million versus the $98.7 million consensus estimate from FactSet.
Lululemon Athletica falls 20% after issuing a weaker forecast for the current quarter. The company expects earnings of 93 cents to 98 cents per share on revenue of $2.29 billion to $2.32 billion, below analyst expectations for $2.40 per share and $2.53 billion.
Zscaler slips nearly 2% despite beating estimates for fourth-quarter adjusted earnings and revenue. Adobe is also lower, down nearly 3%, after announcing that Anil Chakravarthy will become its next CEO, succeeding Shantanu Narayen, who said last March that he would step down from the role.
Planet Labs advances 13% after stronger-than-expected second-quarter results, with adjusted earnings of 2 cents per share on revenue of $116.1 million. Asana drops 9.5% after current-quarter guidance disappoints Wall Street, while Guidewire Software loses 14.5% as its revenue outlook trails expectations.
Materials and credit names react to policy and geopolitical signals
Rare earth stocks move higher after a Reuters report says some Chinese firms halt U.S. shipments because of geopolitical concerns. USA Rare Earth and Critical Metals each add roughly 4%, while MP Materials and Energy Fuels rise about 3%.Equifax and TransUnion also trade lower after Federal Housing Finance Agency Director Bill Pulte says on X late Thursday that Equifax, TransUnion and Experian have been overcharging Americans for too long and that the practice will end soon. The move points to investor sensitivity around potential pressure on pricing and regulation in credit monitoring services.
Zscaler’s earnings-driven move was one of the standout stock catalysts we previously covered as investors positioned for the next session. That earlier piece also outlined the broader market agenda—especially the August U.S. jobs report expectations—and noted how shifts in payroll data could influence risk appetite across major indices.