Discover the latest stock market movers making waves before the opening bell:
UiPath has seen a remarkable 12% rise as it reports first-quarter results that outpace expectations, thanks to increased operating income and revenue. With a positive update to its full-year revenue guidance, UiPath projects current-quarter revenue to fall between $345 million and $350 million.
Ulta Beauty is riding high with a 9% surge following an uplifting annual profit forecast and impressive quarterly performance, driven by reduced inventory losses and the allure of new celebrity-owned brand launches that are captivating consumer interest.
American Eagle, on the other hand, experiences a 7% decline as it posts a bigger-than-expected fiscal first-quarter adjusted loss. Its revenue of $1.09 billion aligns with projections, but falls short of analyst consensus.
Gap faces a 13% dip after predicting flat sales for this quarter, causing a shadow over its successful first-quarter earnings and revenue performance, which initially beat expectations.
Elastic NV sees a 10% drop with its full-year revenue guidance missing the mark against FactSet consensus outlook, projecting between $1.655 billion and $1.67 billion.
Marvell Technology experiences a slight 4% decrease. Despite reporting results in line with expectations, its shares had risen 9% earlier in the month. Adjusted earnings came in slightly above analyst predictions.
NetApp's stock sheds 5% amid forecasts for its fiscal first-quarter earnings to land below analyst expectations, despite a positive earnings and revenue report for the last quarter.
Biopharma giants Regeneron Pharmaceuticals and Sanofi see respective declines of 10% and 4% following mixed outcomes from late-stage trial results for their jointly developed respiratory drug, itepekimab.
Airbnb faces a 3% slip as Truist Securities downgrades the stock to a sell rating, citing unanticipated weak leisure trends for the summer.
PagerDuty falls 5% after issuing a second-quarter profit guidance that trails analyst forecasts.
In contrast, Zscaler enjoys a 6% boost as it surpasses fiscal third-quarter expectations and raises its full-year earnings and revenue guidance, demonstrating strong financial health and increased investor confidence.
The post PRISM Stocks making the biggest moves premarket: Ulta Beauty, Airbnb, Gap, American Eagle appeared first on PRISM MarketView.
COMTEX_465937297/2927/2025-05-30T09:00:41