Skype: Signal2forex / Whatsapp: +79065178835

No products in the cart.

Stocks making the biggest moves in the premarket: Canada Goose, eBay, PayPal, Qualcomm & more

Take a look at some of the biggest movers in the premarket:

Canada Goose (GOOS) – Canada Goose shares surged more than 15% in the premarket after the outerwear maker beat estimates on both the top and bottom lines. Results were helped by strong growth in China sales as well as a surge in online buying.

EBay (EBAY) – EBay shares jumped 10% in premarket trading, following an earnings beat and strong guidance. The online marketplace operator beat estimates by 3 cents a share, with quarterly earnings of 86 cents per share. Revenue came in above estimates as well and EBay increased its quarterly dividend by 13% and added $4 billion to its stock buyback program.

PayPal (PYPL) – PayPal reported quarterly earnings of $1.08 per share, 8 cents a share above consensus. The digital payment service’s revenue also topped Wall Street forecasts. The pandemic-induced growth in online shopping helped drive record payment volume for both the quarter and the full year. Its shares rose nearly 6% in premarket trading.

Becton Dickinson (BDX) – The medical products maker earned $4.55 per share for its latest quarter, well above the consensus estimate of $3.11 a share. Revenue beat estimates as well, boosted by strong demand for its Covid-19 tests. The company also raised its full-year forecast. The company’s shares rose 2.7% in premarket trading as of 7:36 a.m. ET.

Clorox (CLX) – The household products maker reported quarterly earnings of $2.03 per share, 25 cents a share above estimates. Revenue also came in above analysts’ forecasts and Clorox raised its full-year revenue forecast on continued elevated sales of cleaning and disinfectant products.

Merck (MRK) – Chief Executive Officer Kenneth Frazier will step down on June 30, replaced by CFO Robert Davis with Frazier moving to the role of Executive Chairman. Separately, Merck reported quarterly earnings of $1.32 per share, 6 cents a share shy of estimates. Revenue came in shy of forecasts, however, Merck issued an upbeat sales and revenue forecast.

Costco (COST) – The warehouse retailer reported a 15.9% jump in January comparable sales, beating the consensus StreetAccount estimate of 11.7%. E-commerce sales more than doubled from a year earlier.

Tapestry (TPR) – The company behind the Coach and Kate Spade luxury brands earned $1.15 per share for its latest quarter, 14 cents a share above estimates. Sales were slightly above forecasts. Tapestry also forecast stronger-than-expected revenue growth. Its shares rose 2.4% in premarket trading.

VG Acquisition (VGAC) – Genetics company 23andMe will go public through a merger with VG Acquisition, the special purpose acquisition company controlled by Richard Branson’s Virgin Group. The transaction values 23andMe at about $3.5 billion, and it is expected to be completed sometime during the second quarter. VG Acquisition’s shares jumped 13% in the premarket.