Oct. 19 Pre-market Movers Board: Netflix surged 12.2% in premarket trading
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Premarket Gainers: P&G, Travelers, Nasdaq, Nasdaq, United Airlines
P&G stock rises 2% premarket after profit and sales beats, as 9% jump in pricing helped offset volume decline, FX impact.
Travelers added 1% in premarket trading after beating top and bottom line estimates for its latest quarter.
Nasdaq gained 1.5% in premarket action after reporting better-than-expected profit and revenue for the third quarter..
Netflix surged 12.2% in premarket trading after reporting it added 2.4 million subscribers during its latest quarter.
United Airlines jumped 5.3% in premarket trading after reporting better-than-expected quarterly results and issuing an upbeat earnings forecast for the current quarter amid a continued surge in travel demand.
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Premarket Losers: Olaplex Holdings, Generac Holdings, Zepp Health, Quanergy Systems, Kala Pharmaceuticals
Olaplex Holdings, Inc. shares fell 42.2% to $5.66 in pre-market trading after the company lowered its FY 2022 guidance.
Generac Holdings Inc. fell 8.4% to $135.00 in pre-market trading. Generac Hldgs posted Q3 preliminary EPS of $1.75 down from $2.35 in the year-ago period.
Zepp Health Corporation shares fell 8.8% to $1.24 in pre-market trading. Zepp Health, during August, posted a Q2 loss of $0.26 per share.
Quanergy Systems, Inc. fell 9.2% to $1.28 in pre-market trading after dipping 16% on Tuesday. Quanergy Systems recently announced a restructuring plan including an 11% staff reduction.
Kala Pharmaceuticals, Inc. fell 12.1% to $0.2355 in pre-market trading after gaining around 8% on Tuesday. Kala Pharmaceuticals, during August, posted a Q2 loss of $0.38 per share. until Oct. 28 to close his proposed $44 billion acquisition of the social media company, according to multiple media reports Thursday.