Shares of Ross Stores, Inc. (NASDAQ:ROST) rose sharply in today's pre-market trading after the company reported better-than-expected earnings for its first quarter and increased its profit forecast for the year.
The company posted quarterly revenue of $4.858 billion, versus estimates of $4.833 billion. Earnings came in at $1.46 per share, versus estimates of $1.34 per share, according to data from Benzinga Pro.
Ross Stores shares jumped 8.2% to $142.73 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
Gainers
- Netcapital Inc. (NASDAQ:NCPL) rose 105.2% to $0.3587 in today's pre-market trading after jumping 15% on Thursday.
- Akanda Corp. (NASDAQ:AKAN) shares gained 99.2% to $4.76 in pre-market trading after dipping 35% on Thursday.
- Cue Health Inc. (NASDAQ:HLTH) gained 36.4% to $0.1288 in pre-market trading after falling around 12% on Thursday. Cue Health, last week, announced that it voluntarily and temporarily paused sales and distribution of its EUA COVID-19 Test Cartridge.
- Verastem, Inc. (NASDAQ:VSTM) gained 35.3% to $16.48 in pre-market trading. Verastem Oncology disclosed positive initial interim safety and efficacy results from RAMP 205 trial evaluating avutometinib ...