Canada markets open in 6 hours 22 minutes

  • S&P/TSX

    19,435.98
    -120.22 (-0.61%)
     

  • S&P 500

    4,274.51
    +0.98 (+0.02%)
     

  • DOW

    33,550.27
    -68.63 (-0.20%)
     

  • CAD/USD

    0.7410
    -0.0000 (-0.01%)
     

  • CRUDE OIL

    94.48
    +0.80 (+0.85%)
     

  • Bitcoin CAD

    35,693.63
    +270.25 (+0.76%)
     

  • CMC Crypto 200

    567.76
    +5.12 (+0.91%)
     

  • GOLD FUTURES

    1,891.20
    +0.30 (+0.02%)
     

  • RUSSELL 2000

    1,778.90
    +17.29 (+0.98%)
     

  • 10-Yr Bond

    4.6260
    0.0000 (0.00%)
     

  • NASDAQ futures

    14,747.75
    +8.75 (+0.06%)
     

  • VOLATILITY

    18.22
    0.00 (0.00%)
     

  • FTSE

    7,593.22
    0.00 (0.00%)
     

  • NIKKEI 225

    31,872.52
    -499.38 (-1.54%)
     

  • CAD/EUR

    0.7050
    -0.0001 (-0.01%)
     

Gap, Marvell, Workday rise premarket; Ulta Beauty falls

Investing.com
·1 min read

Investing.com -- Stocks in focus in premarket trade on Friday, May 26th. Please refresh for updates.

Gap (NYSE:GPS) stock soared 11% after the clothes retailer reported a surprise profit in the first quarter, citing restructuring efforts and easing supply chain costs.

Marvell (NASDAQ:MRVL) stock rose 19% after the chipmaker reported better-than-expected first-quarter results and offered encouraging revenue guidance for the current quarter as artificial intelligence emerges as a key growth driver.

Ulta Beauty (NASDAQ:ULTA) stock fell 8.7% after the beauty chain reported disappointing first-quarter revenue, while comparable sales growth slowed sharply.

Workday (NASDAQ:WDAY) stock rose 9.2% after the cloud-software company reported better-than-expected quarterly results and lifted its outlook, with subscriptions revenues up over 20% from last year.

Paramount Global (NASDAQ:PARA) stock rose 5.6% after the Wall Street Journal reported that the media conglomerate’s controlling shareholder secured a $125 million investment.

PDD Holdings (NASDAQ:PDD) stock rose 13% after the Chinese company, which owns e-commerce platform Pinduoduo, beat expectations for first-quarter revenue on demand from price-conscious customers.

RH (NYSE:RH) stock fell 2.8% after the company, which specializes in furnishings and fittings for luxury homes, trimmed its outlook on margins as it looks to clear inventory, overshadowing healthy first-quarter results.

Costco (NASDAQ:COST) stock fell 0.5% after the big-box retailer disappointed with its third quarter results, citing a one-time charge to discontinue charter shipping activities.

Related Articles

Gap, Marvell, Workday rise premarket; Ulta Beauty falls

Sanctions, pressure on foreign banks destabilising Russia's FX market -central bank

Pharmacy chain Walgreens Boots Alliance to cut corporate jobs by 10%