Stocks making the biggest moves premarket: Amazon, Boeing, CrowdStrike and others
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Check out the companies making headlines before the bell:
Amazon.com (AMZN) – Amazon jumped 5.3% in the premarket after it announced a 20-for-1 stock split and a $10 billion share buyback program. The 20-for-1 split follows a similar move by Google parent Alphabet (GOOGL) earlier this year and is reviving discussion about whether Amazon or Alphabet might become members of the Dow Jones Industrial Average.
Boeing (BA) – The FAA has finalized safety directives aimed at fixing Pratt & Whitney engine issues on certain Boeing 777 jets. Boeing must now lay out the steps airlines will need to take to meet the FAA's requirements. Boeing fell 1.5% in the premarket.
CrowdStrike (CRWD) – CrowdStrike surged 12.5% in premarket trading after reporting better-than-expected quarterly profit and revenue. The cybersecurity company also issued an upbeat 2022 forecast. CrowdStrike said it would strongly pursue market share as cybersecurity demand accelerates.
Asana (ASAN) – Asana shares tumbled 24.1% in the premarket after the collaboration software company forecast a wider-than-expected loss for the current quarter. Asana reported a narrower-than-expected loss for its most recent quarter, as well as revenue that exceeded analyst forecasts.
Marqeta (MQ) – Marqeta rallied 7.4% in premarket action after reporting better-than-expected quarterly revenue and a breakeven quarter in the face of an expected bottom-line loss. The fintech company also issued an upbeat current-quarter revenue forecast.
JD.com (JD) – JD.com reported better-than-expected profit and revenue for its latest quarter as more shoppers used its e-commerce platform. But the China-based company also reported its slowest revenue growth since early 2020. Its stock
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