These are some of the stocks posting the largest moves in early hours trading.
Check out the companies making headlines in premarket trading. Pfizer — Shares climbed more than 2% after New York City-based Pfizer beat Wall Street's first-quarter revenue forecast and raised its full-year profit guidance. The drugmaker now expects adjusted earnings of $2.15 to $2.35 per share for the full-year, up from a previous forecast of $2.05 to $2.25. CVS Health -- Shares tumbled 12.
Starbucks – Shares tumbled 13% following weaker-than-expected fiscal second quarter adjusted earnings and revenue – 68 cents per share on revenue of $8.56 billion, compared to estimates of 79 cents per share on revenue of $9.13 billion, according to LSEG – fueled by a decline in same-store sales. The coffee chain also slashed its forecast for full year, fiscal 2024 earnings and revenue.
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