{"id":127428,"date":"2021-06-03T11:58:54","date_gmt":"2021-06-03T11:58:54","guid":{"rendered":"https:\/\/precoinnews.com\/?p=127428"},"modified":"2021-06-03T11:58:54","modified_gmt":"2021-06-03T11:58:54","slug":"stocks-making-the-biggest-moves-in-the-premarket-amc-blackberry-express-fireeye-more","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/stocks-making-the-biggest-moves-in-the-premarket-amc-blackberry-express-fireeye-more\/","title":{"rendered":"Stocks making the biggest moves in the premarket: AMC, BlackBerry, Express, FireEye & more"},"content":{"rendered":"

Take a look at some of the biggest movers in the premarket:<\/em><\/p>\n

AMC Entertainment (AMC) \u2013 AMC filed to sell up to 11.55 million common shares "from time to time," according to a Securities and Exchange Commission filing, but cautioned against investing in the stock due to recent moves "unrelated to our underlying business." AMC had initially surged in the premarket after nearly doubling Wednesday, but fell 9.7% after the filing.<\/p>\n

BlackBerry (BB), Koss (KOSS), GameStop (GME), Bed Bath & Beyond (BBBY) \u2013 These stocks remain on watch today, after surging yesterday on investor enthusiasm for the so-called "meme" stocks. BlackBerry jumped 11.2% in the premarket, but Koss fell 10.1%, GameStop lost 2.3% and Bed Bath & Beyond dropped 12.9% after soaring 62% Wednesday.<\/p>\n

Express (EXPR) \u2013 The apparel retailer reported a quarterly loss of 55 cents per share, smaller than the 58 cents a share that analysts were expecting. Revenue topped Street forecasts and Express said it expects sequential comparable sales improvement throughout this year. Its shares fell 7.1% in the premarket after an initial jump higher.<\/p>\n

Meredith Corp. (MDP) \u2013 Meredith accepted a revised bid from Gray Television (GTN) for its local media group. Meredith shareholders will now receive $16.99 per share in cash, up from the prior $14.51 a share, plus one share in the new post-close version of Meredith.<\/p>\n

Ciena (CIEN) \u2013 The networking equipment and services company reported quarterly earnings of 62 cents per share, 14 cents a share above estimates. Revenue also came in above analysts' projections. Ciena said it was helped by an improving market environment and a rebound in customer spending. Ciena gained 1.1% in premarket trading.<\/p>\n

J.M. Smucker (SJM) \u2013 The food producer beat estimates by 22 cents a share, with quarterly profit of $1.89 per share. Revenue came in slightly above forecasts. Sales fell compared with a year earlier, however, when homebound consumers stocked up as the pandemic took hold. Smucker did issue an upbeat full-year earnings forecast.<\/p>\n

PVH (PVH) \u2013 PVH earned $1.92 per share for its latest quarter, more than double the consensus estimate of 83 cents a share. The company behind apparel brands like Tommy Hilfiger and Calvin Klein also saw revenue beat estimates, and it also raised its full-year forecast.<\/p>\n

Exxon Mobil (XOM) \u2013 Exxon said in an SEC filing that hedge fund Engine No. 1 had won a third seat on the energy giant's board. Engine No. 1 \u2013 a small investor in Exxon \u2013 won a surprise victory with a campaign centered on environmental concerns.<\/p>\n

FireEye (FEYE) \u2013 FireEye announced the sale of its security software products unit \u2013 along with the FireEye name \u2013 to private-equity firm Symphony Technology for $1.2 billion. The business that remains will be called Mandiant Solutions, the same name used by CEO Kevin Mandia's business before its sale to FireEye in 2014. FireEye shares tumbled 7.5% in the premarket.<\/p>\n

Emergent BioSolutions (EBS) \u2013 The Food and Drug Administration is working with Johnson & Johnson (JNJ) and AstraZeneca (AZN) to ensure that Covid-19 vaccine doses produced at an Emergent plant in Baltimore are uncontaminated and safe to use. That comes after the plant accidentally contaminated doses of J&J's vaccine with the active ingredient in AstraZeneca's treatment.<\/p>\n

Splunk (SPLK) \u2013 Splunk reported a greater-than-expected loss for the first quarter, though the maker of network analytics software did see revenue beat Wall Street forecasts. Splunk has been transitioning customers to cloud-based versions of its software, and recurring cloud revenue did jump 83% during the quarter compared to a year ago. Splunk lost 5.1% in premarket trading.<\/p>\n

Tilray (TLRY) \u2013 The cannabis producer's shares rallied 3.6% in premarket trading after Cantor Fitzgerald rolled out new estimates after the completion of Tilray's merger with Aphria and rated the stock "overweight." Cantor cites the combined company's scale as well as upbeat overseas prospects.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Take a look at some of the<\/p>\n","protected":false},"author":3,"featured_media":127427,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"\nStocks making the biggest moves in the premarket: AMC, BlackBerry, Express, FireEye & more - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/stocks-making-the-biggest-moves-in-the-premarket-amc-blackberry-express-fireeye-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stocks making the biggest moves in the premarket: AMC, BlackBerry, Express, FireEye & more - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Take a look at some of the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/markets\/stocks-making-the-biggest-moves-in-the-premarket-amc-blackberry-express-fireeye-more\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-03T11:58:54+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/06\/Stocks-making-the-biggest-moves-in-the-premarket-AMC-BlackBerry-Express-FireEye-more.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/markets\/stocks-making-the-biggest-moves-in-the-premarket-amc-blackberry-express-fireeye-more\/\",\"url\":\"https:\/\/precoinnews.com\/markets\/stocks-making-the-biggest-moves-in-the-premarket-amc-blackberry-express-fireeye-more\/\",\"name\":\"Stocks making the biggest moves in the premarket: AMC, BlackBerry, Express, FireEye & more - 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