Stocks making the biggest moves premarket: Cerebras, Micron, FedEx, Wendy's & more
Stocks making the biggest moves premarket: CBRS, MU, FDX, WEN Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves premarket: Cerebras The semiconductor company dropped 11% after posting its first earnings report since going public in May. Cerebras reported a first-quarter loss of 22 cents on revenues of $193.4 million. The company also said core gross margin is expected to shrink to between 36% and 38% in the second quarter, compared to 46.5% in the first. FedEx Shares shed about 6.5% even after the company posted better-than-expected fiscal fourth-quarter results . Those numbers reflected the last before FedEx spun off its freight business. Micron The memory stock was rising more than 2.5% in premarket trading, rebounding from its 13% fall on Tuesday. It was also climbing ahead of the company's earnings, which are set to be released Wednesday after the bell. Memory stocks It w...
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