Check out the companies making headlines in front of the bell: Mongodb – Database platform developers rose 30% after the latest results violated Wall Street Analyst estimates. MongoDB reported adjusted earnings of $1 per share with revenue of $591 million. KOHL’S – Department store chains rose almost 17% after adjusting for second-quarter earnings of 56 cents per share and surpassing the LSEG consensus estimate of 29 cents per share. Revenues also exceeded expectations. Canada Goose – Shares in the US luxury parka maker rose about 17% after CNBC reported that control shareholder Bain Capital received a bid to make the company private. People familiar with the issue say that Canada’s geese are around $1.35 billion. PVH – Apparel companies raised more than 7% in second quarter revenues, which exceeded expectations. PVH earned $2.52 per share, adjusted to revenue of $2.17 billion, but analysts surveyed by LSEG were $2.01 per share and revenue of $2.12 billion. Abercrombie & Fitch – Modern apparel retailers were framed higher after second quarter profits and sales exceeded expectations. Abercrombie & Fitch recorded profits of $2.32 per share, excluding revenues of $12.1 billion, exceeding the estimated $2.30 per share of $2.30 per share, which was voted by LSEG. OKTA – Identity software makers rose more than 4% after quarterly results and full-year guidance broke street expectations. OKTA scored 91 cents per share in the most recent quarter, while analysts voted by LSEG called for 84 cents. Revenue of $728 million exceeded the expected $712 million. Okta co-founder and CEO Todd McKinnon told CNBC Tuesday that the results are “a lot better than we thought.” NVIDIA – The dominant manufacturer of chips used to power artificial intelligence is slightly higher than revenue results released Wednesday after closing. Cracker Barrel Old Country Store – The family restaurant chain has won 4% after saying it would scrap its controversial rebranding plan following backlash from customers and President Donald Trump. ECHOSTAR – Telecom Provider went on over 6% in pre-market transactions after AT&T extended its 70% or more meeting on Tuesday after AT&T agreed to purchase a wireless spectrum license for around $23 billion on all cash transactions. NCINO – Stocks jumped nearly 8% after the latest results from Cloud Solutions Provider smashed Wall Street expectations. Adjusted earnings of 22 cents per share were better than the analysts voted in by LSEG, but revenues of $149 million exceeded the analyst consensus of $6 million. Box – Content Management providers rose 5% after adjustable earnings of 33 cents per share in the latest quarter beat the LSEG consensus estimate of 31 cents, with revenues of $294 million surpassing their $291 million forecast. Box also raised its full-year revenue guidance. – CNBC’s Michelle Fox and Alex Hurling contributed the report.
The biggest moves of stock localities: KSS, MDB, Goo, CBRL
