Start your trading day with a competitive edge by staying informed on the latest market movers and trends. Discover the companies making headlines before the bell:
CarMax has impressed investors with a stellar performance, seeing a 10% surge in shares after surpassing first-quarter earnings expectations. With earnings of $1.38 per share on revenue of $7.55 billion, CarMax exceeded LSEG’s consensus and demonstrated its market strength.
GMS is at the center of an exciting bidding war between industry giants QXO and Home Depot, pushing the specialty building products stock up by 26%. QXO, with its offer of $95.20 per share, faces competition from Home Depot, which has made a private offer as well. Watch these key players battle it out while QXO sees a 2.4% rise.
Darden Restaurants, the proud owner of Olive Garden, continues its upward trajectory with shares climbing nearly 3% following a robust fourth-quarter earnings report. The company beat both top and bottom lines with adjusted earnings of $2.98 per share. Additionally, Darden has just authorized an impressive $1 billion share repurchase program.
Jack in the Box encounters a slight dip with a 1% decline, influenced by a Stifel downgrade due to potential impacts from immigration policies.
Accenture faces a 3.7% drop as the IT company reports a decrease in new bookings despite surpassing earnings expectations. The firm reported $3.49 per share in earnings on revenue of $17.73 billion, which analysts had not anticipated.
Circle is riding a wave of investor enthusiasm with its shares climbing 14% following the Senate’s approval of the GENIUS Act, a groundbreaking step for its stablecoin legislation.
Kroger, the supermarket powerhouse, prepares for its first-quarter results while maintaining a steady position with less than a 1% drop.
Regencell Bioscience experiences significant fluctuations, dropping over 17% after a dramatic 38-for-1 split. This follows mixed movements earlier this week, highlighting the stock’s volatility.
Stay ahead of the market by keeping an eye on these influential companies as they navigate the business landscape with resilience and strategic prowess.
The post PRISM Stocks making the biggest moves premarket: CarMax, Darden Restaurants, Accenture, GMS appeared first on PRISM MarketView.