Check out the companies making headlines in front of the bell: Advance Auto Parts – Stocks have skyrocketed over 30% after Advance Auto Parts broke its first quarter expectations. Auto Parts Company recorded an adjusted loss of 22 cents per share, narrower than the analyst loss of 82 cents per share voted on by LSEG. Revenue of $2.58 billion exceeded the $2.5 billion consensus estimate. Nike – Footwear stock added nearly 1% after the company said it would resume sales on Amazon. Nike was previously the “Gate” brand of the site. That is, sales were extremely limited after the brand stopped selling directly via e-commerce sites in 2019. The company plans to raise prices for some of its products. Health Insurance Stocks – The Centers for Medicare & Medicaid Services have announced an aggressive expansion of the Medicare Advantage audit, which lowers the shares of health insurance companies. Humana Shares fell by more than 6%. CVS health dropped by almost 4%. UnitedHealth Group has dropped by more than 3%. Analog Devices – Stocks went to 3% after semiconductor manufacturers fell below their second quarter forecast. Analog devices earned $1.85 per share, excluding items, with revenue of $2.644 billion. Analysts voted by FactSet were expecting a profit of $1.70 per share against $25.1 billion in revenue. Urban Outfitters – Apparel retailers rose 17% after reporting profits of $1.16 per share in the last quarter. Additionally, revenues of $1.33 billion were higher than Wall Street’s expected $1.29 billion. Lumen Technologies – Telecommunications stocks rose 9% after AT&T agreed to acquire virtually all of Lumen’s mass-market textile internet connectivity business. The $5.75 billion transaction is expected to close in the first half of 2026. AT&T’s shares were largely unchanged. Snowflake – Stocks rose 8% after the cloud-based data storage company posted solid revenues in the first quarter. Adjusted earnings of 24 cents per share exceeded the 21 cents per share expected by analysts voted by LSEG. Product revenue guidance for the second quarter also exceeded expectations. Sunrun – Rooftop solar installers have dropped by more than 30% as the House Republican tax bill is worse than fearing clean energy. Solar stock was sold heavily at Enphase, with Solaredeg falling by over 17%. Array technology has dropped by over 10%, while Nextracker has dropped by about 4%. The first solar was trading about 1% lower. Zoom Communication – Despite first-quarter revenue beats and bright forecasts, the stock was under 1%. Zoom won $1.43 per share excluding items, but analysts predicted $1.31 per share. Revenue was $1.17 billion in line with street consensus. Pitney Bowes – The shares have won over 9% after the shipping and mailing company said placement director Kurt Wolf has been appointed as new CEO. He will replace Lance Rosenzweig, who has retired from his role as CEO but stays as a consultant for the company. – Reported by Lisa Han, Alex Harring and Jesse Pound of CNBC.
Stock localities making the biggest move: AAP, snow, ham, lumn
