Check out the companies making headlines before Thursday bells.
walmart – The retail giant’s share price jumped more than 1.5% in pre-market trading after the company raised its full-year forecasts and reported sales growth of about 8% in the first quarter fiscal year Sales of clothing and electronics showed strong performance offset weak performance. Walmart also reported better-than-expected adjusted profit and sales, according to Refinitiv.
Take-Two interactive software — The video game company surged 14% after posting better-than-expected earnings in the fourth quarter of the fiscal year. Take-Two Interactive shared a weaker-than-expected outlook, but suggested that a strong outlook for future games could drive strong growth thereafter.
bath and body works — The body care and fragrance retailer saw its shares rise nearly 10% before the market after posting better-than-expected earnings and earnings in the latest quarter. Bath & Body Works also raised its full-year profit outlook.
boot burn — The Western shoe brand fell more than 13% before the bell. Bootsburn reported earnings and guidance for its third quarter fiscal year, which fell short of Wall Street’s expectations.
Cisco Systems — The company’s stock fell 4% after Cisco Systems reported a 23% drop in orders in its third quarter of the fiscal year.
Regional bank stocks — Shares of many hard-hit regional bank stocks rose before the bell after Wednesday’s rally. pack waist, western alliance and Zions Bank Co., Ltd. They rose 7%, 3.9% and 1.3% respectively.of SPDR S&P Regional Banking ETF Added more than 1%.
Alibaba — Chinese e-commerce firms fell 1% after reporting mixed results in recent quarters. Earnings fell short of Wall Street expectations. Alibaba also revealed plans to list its cloud division.
micron technology — The company’s memory chip maker’s share price rose 2% following news that it plans to invest billions in Japan to boost production of dynamic random access memory chips in the country.
synopsis — Synopsys increased 2% after reporting better-than-expected quarterly results. The software companies also shared expectations for better-than-expected revenue and earnings growth for the full year.
Sony — Shares rose nearly 4% after the company announced that: Start your evaluation Partial spin-off of financial services business. Sony will list shares in Sony Financial Group in about two to three years, but will still own about 20% of the business.
— CNBC’s Yun Lee, Tanaya Machel and Michelle Fox contributed to the report
