Stocks making the biggest moves premarket: Snowflake, Best Buy, Kohl's, Dollar Tree & more
HS 28/05/2026
Check out the companies making the biggest moves premarket: Dollar Tree — The discount retailer surged more than 11% after the company reported adjusted earnings of $1.74 per share in the first quarter. Analysts polled by FactSet expected earnings of $1.53 per share. Revenue also came in above expectations, as did current quarter and full-year guidance. The company also announced a partnership with DoorDash to bring on-demand delivery from its stores to consumers. Salesforce — Shares were off 1% after the cloud-based software guided for current-quarter revenue between $11.27 billion to $11.35 billion, while analysts were looking for $11.36 billion, per LSEG. However, Salesforce raised its full-year earnings guidance range. The company also posted a first-quarter earnings and revenue beat. Agilent Technologies — Shares popped 9% after the healthcare equipment provider raised its full-year adjusted earnings guidance to between $6 and $6.10 per share, higher than previous estimates of between $5.90 to $6.04 a share. Agilent also reported a second-quarter beat on both the top and bottom lines. Best Buy — The stock was up almost 8% after an earnings and revenue beat for the first quarter. Comparable sales were up 2% year-over-year, with gaming, computing, mobile phones and services leading the way. The company also reaffirmed its full-year guidance. Marvell Technology — The semiconductor company slipped almost 3% even after posting a rosy outlook for the current quarter. Marvell sees adjusted earnings of 93 cents per share on revenue of $2.70 billion. That’s better than the 90 cents per share and $2.60 billion the Street anticipated, per LSEG. Top and bottom line results for the first quarter also topped expectations. Hormel Foods — Shares popped 10% after the company reported fiscal second-quarter adjusted earnings of 40 cents, compared to analysts polled by FactSet’s expectations of 35 cents. Revenue came in about where estimates forecasted. Everpure — The cloud and data storage stock shed more than 10% after Everpure posted a first-quarter non-GAAP gross margin that was in line with expectations. However, the company formerly known as Pure Storage reported a first-quarter adjusted earnings and revenue beat. Everpure also shared operating income guidance for the current quarter and full year that exceeded estimates. Snowflake — The cloud-based data platform provider soared nearly 37%. Snowflake has inked a plan to spend $6 billion on Amazon Web Services over five years. Separately, Snowflake reported first-quarter results that surpassed estimates, posting adjusted earnings of 39 cents per share and revenue of $1.39 billion. Analysts polled by LSEG sought 32 cents a share and $1.32 billion in revenue. ServiceNow , DataDog — Snowflake’s surge from its earnings helped support some of its software peers. DataDog was up 6% in premarket trading, while ServiceNow rose more than 5.5%. Synopsys — The designer of silicon chips slipped more than 2.5%. Synopsys said that it has reached an agreement with activist Elliott Investment Management, appointing Jesse Cohn to its board of directors, effective June 1. Separately, second-quarter results surpassed Wall Street’s estimates, with Synopsys posting adjusted earnings of $3.35 per share on revenue of $2.28 billion. Nutanix — The cloud computing stock added 2%. Nutanix reported a fiscal third-quarter adjusted earnings and revenue beat. Non-GAAP operating margin for the period came in at 22.3%, topping analysts’ call for 16.9%. Braze — Shares tumbled 10% after the cloud-based software firm reported first-quarter adjusted earnings of 10 cents per share, coming in in line with expectations, per LSEG. Braze’s gross margin for the period fell short of estimates, coming in at 67.4%, versus the StreetAccount consensus estimate of 68.8%. Guidance for the full year’s non-GAAP operating income ranged from $70 million to $74 million, versus the FactSet consensus call for $71.3 million. Burlington Stores — The retailer fell 3.5% despite an earnings and revenue beat in its first-quarter financial report, according to data from analysts polled by FactSet. Current quarter guidance also came in above expectations, as well as full-year guidance. The company plans also throughout the year to open 115 net new stores. Kohl’s — Shares were up almost 11% after the retailer reported a narrower-than-expected loss in the first quarter. Kohl’s lost 13 cents per share, compared to analysts polled by FactSet’s expectations for a loss of 19 cents. Revenue came in as expected. American Superconductor — The energy technology stock slid almost 7% after the company said that in its current quarter, adjusted earnings would exceed 17 cents per share, while revenue would top $85 million. Analysts surveyed by FactSet were expecting earnings of 22 cents per share and revenue of $87.1 million. NCino — Shares climbed 12.5% after the software provider for financial institutions raised its full-year revenue guidance to a range of $642 million to $646 million, versus prior estimates of between $639 million to $643 million. Drone stocks — Shares were popping across a slew of companies after The Wall Street Journal reported that President Donald Trump’s administration is in talks to provide funding to some. Unusual Machines was up 28%. Red Cat Holdings surged 14%, while Kratos Defense & Security Solutions popped 10%. Dell Technologies — The stock was up 4% after the company won a $9.7 billion contract with the Pentagon. In the deal, Dell will provide a suite of software to the Department of Defense. Nebius Group — The Dutch cloud provider rose 10% after a hedge fund operated by a former OpenAI employee revealed it owns a 5.6% stake in the company. Caesars Entertainment — Shares rose 2% after Fertitta Entertainment announced an agreement to acquire the company for $17.6 billion. The all-cash transaction will bring together two premier hospitality companies, Fertitta said in a press release. — CNBC’s Lisa Kailai Han and Darla Mercado contributed reporting.
