Why Alphabet And Amazon Are Trading Lower; Here Are 20 Stocks Moving Premarket

Gainers

• Nordstrom Inc. JWN shares surged 29.56% to $27.39 in pre-market trading after activist investor Ryan Cohen took a stake in the company and announced he is planning to urge a board refresh.
• GeneDx Holdings Corp. WGS shares rose 15.61% to $0.5199 in pre-market trading.
• Forge Global Holdings Inc. FRGE rose 7.88% to $2.19 in pre-market trading.
• Bed Bath & Beyond Inc. BBBY shares rose 5.4% to $3.51 in pre-market trading.
• Boyd Gaming Corporation BYD rose 4.18% to $64.74 in pre-market trading after the company reported higher-than-expected earnings on Thursday.
• Mullen Automotive, Inc. MULN shares rose 3.8% to $0.3955 in pre-market trading. The company is scheduled to report earnings on February 28, 2023.
• AMC Entertainment Holdings, Inc. AMC shares rose 3.12% to $6.27 in pre-market trading after gaining 33% on Wednesday.
• Canada Goose Holdings Inc. Subordinate Voting Shares GOOS rose 3.03% to $19.38 in pre-market trading. Canada Goose Holdings reported lower earnings and sales for its fiscal third quarter, and cut its revenue guidance for fiscal 2023.
• Applied Digital Corporation APLD shares rose 3.0% to $3.43in pre-market trading.
• TORM Plc. - Class A TRMD rose 3.0% to $26.75 in pre-market trading.

Losers

• Summit Therapeutics Inc. SMMT shares dropped 28.87% to $2.76 in pre-market trading.
• Bill.Com Holdings, Inc. BILL declined 20.18% to $102.9 in pre-market trading after the company reported its second-quarter earnings results and announced guidance for the third quarter and fiscal year 2023.
• Silvergate Capital Corporation SI declined 12.59% to $18.33 in pre-market trading.
• Atlassian Corporation TEAM shares fell 12.16% to $160.24 in pre-market trading after the company reported an operating loss of $99.2 million for the second quarter of fiscal 2023.
• Clearfield, Inc. CLFD declined 8.11% to $64.99 in pre-market trading after the company reported earnings that beat the market forecast by 4.17%.
• Amprius Technologies, Inc. AMPX shares declined 6.95% to $6.03 in pre-market trading.
• Amazon.Com, Inc. AMZN declined 5.51% to $106.69 in pre-market trading. Amazon reported disappointing earnings for its fourth quarter.
• MicroStrategy Incorporated MSTR declined 5.34% to $276.55 in pre-market trading after the company reported disappointing earnings for Q4.
• DoorDash, Inc. DASH declined 6.1% to $59.92 in pre-market trading after rising on Wednesday.
• Alphabet Inc. GOOG declined 4.78% to $4.78 in pre-market trading. Alphabet reported lower-than-expected earnings for the fourth quarter.

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