Stocks making the biggest moves in the premarket: Walmart, Vodafone, Getty Images and more

Take a look at some of the biggest movers in the premarket: Walmart[1] (WMT) - Walmart shares surged 6.9% in the premarket after the retailer reported better-than-expected quarterly profit and revenue[2], and also saw comparable store sales exceed estimates. Walmart also announced a £20 billion share repurchase program.

related investing news

CNBC ProDan Loeb's Third Point builds stakes in retailers Bath & Body Works, TJX[3]Yun Li[4]16 hours agoStocks making the biggest moves in the premarket: Walmart, Vodafone, Getty Images and moreCNBC ProWarren Buffett's Berkshire reveals Taiwan Semiconductor position, causing shares to jump 10%[5]Yun Li[6]17 hours ago

Vodafone[7] (VOD) - Vodafone slid 4.1% in premarket trading after the mobile operator cut its earnings guidance and cash flow forecast, pointing to a challenging economic environment.

Getty Images[8] (GETY) - Getty Images slumped 11.8% in the premarket after its quarterly revenue fell short of Wall Street forecasts, although the visual content marketplace operator did see earnings top consensus. Home Depot[9] (HD) - Home Depot fell 1.1% in the premarket, after beating top and bottom line estimates[10] for its latest quarter but merely reaffirming its full-year earnings forecast. Energizer Holdings[11] (ENR) - The maker of Energizer and Rayovac batteries saw its stock surge 10% in premarket action following better-than-expected quarterly results.

Energizer's results came despite what the company calls a volatile operating environment with significant headwinds. Taiwan Semiconductor[12] (TSM) - Taiwan Semiconductor rallied 10.9% in off-hours trading after Berkshire Hathaway[13] (BRKb) disclosed in a Securities and Exchange Commission filing that it had bought more than £4.1 billion of the chip maker's stock during the third quarter. Bath & Body Works[14] (BBWI) - Bath & Body Works rose 2.8% in the premarket after investor Dan Loeb's Third Point revealed a £265 million purchase in the retailer's stock in its quarterly SEC filing.

Estee Lauder[15] (EL) - Estee Lauder is close to a deal to buy high-end fashion company Tom Ford for roughly £2.8 billion, according to people familiar with the matter who spoke to The Wall Street Journal. It would be the cosmetics company's largest-ever acquisition. Estee Lauder rose 2.1% in the premarket.

Tencent Music[16] (TME) - Tencent Music surged 9.7% in premarket action after reporting better-than-expected quarterly profit and revenue.

The China-based music streaming service benefited from an increase in the number of paying subscribers.

References

  1. ^ Walmart (www.cnbc.com)
  2. ^ better-than-expected quarterly profit and revenue (www.cnbc.com)
  3. ^ Dan Loeb's Third Point builds stakes in retailers Bath & Body Works, TJX (www.cnbc.com)
  4. ^ Yun Li (www.cnbc.com)
  5. ^ Warren Buffett's Berkshire reveals Taiwan Semiconductor position, causing shares to jump 10% (www.cnbc.com)
  6. ^ Yun Li (www.cnbc.com)
  7. ^ Vodafone (www.cnbc.com)
  8. ^ Getty Images (www.cnbc.com)
  9. ^ Home Depot (www.cnbc.com)
  10. ^ beating top and bottom line estimates (www.cnbc.com)
  11. ^ Energizer Holdings (www.cnbc.com)
  12. ^ Taiwan Semiconductor (www.cnbc.com)
  13. ^ Berkshire Hathaway (www.cnbc.com)
  14. ^ Bath & Body Works (www.cnbc.com)
  15. ^ Estee Lauder (www.cnbc.com)
  16. ^ Tencent Music (www.cnbc.com)