Stocks making the biggest moves before the bell: Nike, Blue Apron, Bumble and more

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Black Friday shoppers wait to enter the Nike store at the Opry Mills Mall in Nashville, Tennessee, on Nov. 25, 2022.

Seth Herald | AFP | Getty Images

Check out the companies making headlines in premarket trading.

Nike — The sneaker behemoth added nearly 10% in premarket trading after a mixed earnings report. Analysts polled by LSEG (formerly Refinitiv) had predicted 75 cents per share, and $12.98 billion in revenue. The company reported 94-cents per share, and 12-94 billion dollars of revenue. Nike also reiterated midsingle-digit full-year revenue growth guidance.

Uranium Energy — The uranium miner added 2% after the company said its fiscal full-year revenue came in at $164.4 million, dwarfing the $23.2 million seen a year ago. Blue Apron’s stock jumped over 100% in premarket trade after the company announced that it had agreed to be acquired for $13 a share by Wonder Group. Blue Apron’s stock closed at $5.49 per share Thursday, with a market cap below $50 million.

Anheuser-Busch InBev — Shares of the beer maker gained 3.9% in premarket trading after Bank of America upgraded the company to buy from neutral and said it is approaching a margins inflection point.

Brinker International — The Chili’s parent climbed 4% after Stifel upgraded the stock to buy from hold. Stifel said Brinker’s strategic playbook appears similar to those of Olive Garden, Popeyes and KFC, which all saw successful turnarounds.

Editas Medicine — The genome editing company popped 9% in premarket trading following a Stifel upgrade to buy from hold. The firm said investors may be overly negative when looking at the total addressable market.

Ball — Shares added 1.7% in premarket trading after the aluminum can maker was upgraded by Jeffries to buy from hold. The Wall Street firm said fundamentals have bottomed, free cash flow is accelerating and the business is resilient in a recession.

Bumble — The dating application stock climbed 4.1% after an upgrade to buy from Loop Capital Markets. The company said that the stock was “de-risked” and Bumble’s cash balance will protect its balance sheet. Northcoast Research said that the company’s traffic has been higher than expected, and its fundamentals are outperforming its current value.