Here are some of the companies with shares expected to trade actively in Wednesday’s session. Stock movements noted by ticker reflect movements during regular trading hours.
—Up 0.7% premarket: Shares of the energy company have risen alongside oil prices recently and advanced in nine consecutive sessions, the longest such streak since 2010, according to Dow Jones Market Data.
—Up 0.4% premarket: The fast-food giant declined 3.5% Tuesday, its worst day since March 2018, after an announcement by Wendy’s that it plans to roll out breakfast was met with skepticism. Wendy’s shares tumbled 10%.
—Down almost 1% premarket: The brokerage plans to cut around 600 jobs as it grapples with low interest rates, which are hurting profit at its bank.
—Up 1.2% premarket: The highflying maker of streaming devices slid 10% Tuesday, falling 18% below its intraday peak from Monday as Apple announced its new TV+ subscription product will cost $4.99 a month and investors sold shares of fast-growing companies tied to momentum.
—Down 19.4% premarket: The software firm on Tuesday predicted it would earn an adjusted profit of no more than 15 cents a share in its next fiscal year, a forecast that disappointed investors.
—Down 2.6% premarket: The retailer formerly known as
on Tuesday beat revenue and adjusted-profit expectations and raised its fiscal-year forecast for both of those metrics.
Dave & Buster’s Entertainment
—Down 15% premarket: The company said same-store sales fell more than expected last quarter and gave downbeat full-year targets.
—Down 16.5% premarket: The videogame company said revenue fell sharply in its most recent quarter and projected steeper-than-expected declines for the full year.
—Up 19.5% premarket: Lovesac on Wednesday said it beat Wall Street revenue targets in its latest quarter as the furniture company continues shifting manufacturing out of China.
—Down 17.9% premarket: The coffee supplier and distributor reported a bigger decline in revenue for the latest quarter than analysts expected. This is a version of the “Stocks to Watch” section of our Markets newsletter. To receive it every morning via email, click here. Write to Amrith Ramkumar at email@example.com and Micah Maidenberg at firstname.lastname@example.org
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