Stocks with Major Pre-market Changes
- Crocs, Paramount Global, Deutsche Bank, Snowflake, and more show significant premarket movement.
- Paramount Global, an American multinational mass media corporation, is among the top movers.
- Deutsche Bank, a German global banking and financial services company, is experiencing notable changes as well.
Agilent Technologies saw its shares increase by over 2% following the release of its fiscal third-quarter results, which exceeded Wall Street expectations. The laboratory supply company reported earnings of $1.32 per share, excluding items, on revenue of $1.58 billion. Analysts had predicted earnings of $1.26 per share and revenue of $1.56 billion, highlighting Agilent's robust performance in a competitive market. Similarly, Nordson Corporation experienced a share price increase of more than 3% after announcing its own better-than-expected fiscal third-quarter results. The adhesives manufacturer reported earnings of $2.41 per share on revenue of $661.6 million, surpassing analyst forecasts of $2.33 per share and $656.5 million in revenue. This positive performance reflects Nordson's strong market position and operational efficiency. In the software sector, Synopsys also reported a fiscal third-quarter earnings beat, with shares rising over 2%. The company posted earnings of $3.43 per share, exceeding the expected $3.28 per share. However, analysts noted a deceleration in growth, which tempered enthusiasm for the stock despite the positive earnings report. In other market news, Peloton's revenue for the fiscal fourth quarter reached $644 million, surpassing the consensus estimate of $631 million. Conversely, Advance Auto Parts reported earnings of 75 cents per share, falling short of the FactSet consensus of 93 cents. Meanwhile, Paramount Global's shares rose by more than 2% following news of Edgar Bronfman's increased bid for National Amusements and a stake in the company, now valued at $6 billion.