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23.12 - 05:29
Stocks making the biggest moves premarket: Chewy, Lululemon, Beyond Meat, Peloton & more
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cnbc.comCheck out the companies making headlines before the bell:
Chewy (CHWY) – The online pet products retailer's stock tumbled 10% in the premarket after it reported a wider-than-expected quarterly loss. Sales were in line with Street forecasts, but profit was impacted by higher costs for labor and supply chain issues.
Lululemon (LULU) – The athletic apparel maker reported adjusted quarterly profit of $1.62 per share, 21 cents above estimates, with revenue slightly above forecasts as well. However, Lululemon also warned that new Covid-19 variants could impact demand for «athleisure» clothing if virus concerns lead to temporary store closures and further supply chain issues. The stock slid 1.5% in premarket action.
Broadcom (AVGO) – The chip
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