economy
Stocks making the biggest moves premarket: Apple, Estee Lauder, Roku, Reddit, Roblox and more
These are the stocks posting the largest moves premarket.
TL;DR
- Apple shares rose 3.5% after exceeding earnings and revenue expectations for its fiscal second quarter, despite missing iPhone sales estimates.
- Roku's stock popped 7% on strong first-quarter revenue and adjusted EBITDA, with positive outlook for the current quarter.
- Estee Lauder climbed over 11% after reporting better-than-expected third-quarter sales, raising its annual forecast, and announcing job cuts.
- Amgen slipped nearly 2% after only slightly increasing its full-year forecast.
- Rivian's shares tumbled almost 3% despite a better-than-expected first-quarter loss, reaffirming its 2026 car sales target.
- Reddit jumped more than 13% as daily active users narrowly beat estimates and current quarter adjusted EBITDA is projected to exceed expectations.
- Moderna rose 3% after its first-quarter loss was narrower than expected and revenue topped estimates, reaffirming full-year revenue growth.
- Roblox shares tanked more than 23% after slashing its full-year bookings guidance.
- Paramount Skydance jumped 3% following a double upgrade by Morgan Stanley.
- Sandisk fell 4% despite beating fiscal third-quarter earnings and providing better-than-expected guidance.
- Twilio surged 22% after reporting first-quarter adjusted earnings and revenue that beat analyst expectations, with a positive outlook for current quarter revenue.
- Clorox tumbled 6% despite an earnings beat, due to concerns over a cut to its full-year profit outlook amidst cautious consumer spending.
- Monolithic Power Systems slid 3% even with better-than-expected first-quarter earnings and revenue, and a win in a patent suit.
- Western Digital's stock fell 8% despite its fiscal third-quarter results and fourth-quarter outlook topping expectations.
- Dexcom shares fell 2% despite better-than-expected first-quarter earnings and revenue, reiterating its 2026 revenue estimate.
- GoDaddy popped 3.5% after reporting first-quarter earnings and revenue that beat analyst expectations, with free cash flow also exceeding projections.
- Veeva Systems shares popped 11% upon the announcement that it will join the S&P 500.
- Eastman Chemical rose nearly 4% after its first-quarter earnings and revenue slightly exceeded analyst expectations.
- AstraZeneca fell more than 1% after an advisory FDA panel voted to reject its new cancer drug.