CrowdStrike, Nvidia, and Moderna rise before the market opens; Abercrombie & Fitch declines

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Investing.com - U.S. stock index futures rose slightly on Wednesday, rebounding after earlier declines this week, following reports that Iran may be seeking to end ongoing conflicts in the Middle East.

Here are some of the biggest pre-market movers in the U.S. stock market today:

  • CrowdStrike (NASDAQ:CRWD) stock rose 0.4%, after the cybersecurity company forecasted higher-than-expected revenue for fiscal 2027, betting on strong demand for its AI-driven cybersecurity solutions.

  • Nvidia (NASDAQ:NVDA) stock increased 0.7%, after billionaire investor Leo KoGuan announced he had purchased a large stake in the chipmaker, expressing strong confidence in the long-term prospects of AI.

  • Abercrombie & Fitch (NYSE:ANF) stock fell 3.3%, despite the apparel retailer forecasting significantly higher annual profits than Wall Street expectations, betting on strong demand for its Hollister brand clothing, even as discretionary spending remains under pressure, especially in the U.S.

  • Bath & Body Works (NYSE:BBWI) stock surged 5.5%, after the home fragrance retailer reported quarterly earnings that beat expectations. However, the company expects sales to weaken in 2026 due to ongoing business transformation.

  • Novo Nordisk (NYSE:NVO) stock rose 3.1%, after the U.S. Food and Drug Administration issued a warning letter to 30 telehealth companies, citing false or misleading claims about weight management drugs, including Novo Nordisk’s semaglutide.

  • Moderna (NASDAQ:MRNA) stock jumped 10%, after the biotech company agreed to pay $950 million to its subsidiary Genevant and Arbutus to settle lawsuits related to its COVID-19 vaccine delivery technology, below market concerns.

  • Dycom Industries (NYSE:DY) stock increased 2.9%, after the telecommunications service provider reported Q4 FY2026 earnings that exceeded expectations, with profits and revenue surpassing Wall Street estimates.

  • Ross Stores (NASDAQ:ROST) stock soared 6.3%, after the discount retailer forecasted higher-than-expected annual sales, betting that demand for discount apparel and accessories will remain stable despite macroeconomic uncertainties.

  • Latham Group (NASDAQ:SWIM) stock surged 21%, after the swimming pool design company exceeded expectations with its full-year net sales forecast, and announced the acquisition of fiberglass pool manufacturer and installer Freedom Pools for approximately $17 million.

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This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

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