Check out the companies making headlines in pre-market trading: NVIDIA – Chipmaker stocks rebounded about 2% on Wednesday morning, regaining lost ground from this week. So far, stock prices have fallen by more than 7%. Cloud Strike – Cybersecurity companies have pulled back more than 7%. CrowdStrike looks at annual revenues in the range of $4.744 billion to $4.8 billion, while the analysts voted by FactSet were looking for $4.777 billion. However, first quarter operating profit guidance was below expectations, ranging from $173.1 million to $180 million. Analysts had forecast a forecast of approximately $228.2 million. Flutter Entertainment – The stock has won over 1% after Flutter Entertainment recorded a better-than-expected fourth-quarter results. Sports betting and gambling operators have recorded earnings of $2.94 per share, exceeding the fact set consensus estimate of $1.96 per share. Revenue of $3.79 billion exceeded the $3.75 billion anticipated analysts. Automaker – Shares of General Motors, Ford and Stellantis rose in indoor trade in hopes of President Donald Trump being able to reduce tariffs in Canada and Mexico. Tariffs are particularly violently attacked by car manufacturers. General Motors and Ford shares won 3.9% and 1.8% respectively, while Stellantis rose 5.7% after suffering losses in the previous session. Box – Shares fell more than 7% after the cloud company’s topline guidance failed to reach estimates. Box expects first quarter revenue to be between $274 million and $275 million, but analysts voted by LSEG were hoping for $279.5 million. Box’s fourth quarter revenue was $280 million, surpassing Wall Street’s $279 million consensus. Thor Industries – Shares rose 1.2% after RV makers reported mixed results for the second quarter. Revenues were $2.02 billion, exceeding the $1.98 billion predicted by analysts voted by FactSet. But the revenue was disappointing. Thor Industries also downgraded the top-level revenue guidance and year-round revenue guidance. Aerovironment – Shares in unmanned aircraft manufacturers plummeted more than 19% after reporting weaker year-round guidance than expected. Aerovironment’s forecast adjusted for adjusted earnings ranging from $2.92 to $3.13 per share against revenues of $780 to $795 million. Analysts surveyed by LSEG were looking for $3.45 per share with revenues of $821 million. Dollar Tree – Discount retailer shares rose about 2% after Dollar Tree announced that Stewart Glendinning will become the company’s next Chief Financial Officer from March 30th. Applovin – Mobile technology companies added over 2%. According to a report by Business Insider, Applovin is currently in talks to sell the game segment for around $900 million. Novo Nordisk – The obese drugmaker’s shares have risen almost 5% after announcing plans to sell Wegovy at less than half its normal price directly through online consumer pharmacies. The strategy follows a similar move from rival Eli Lily. Lily’s shares were less than 1% in pre-market trading. – Reported by Hakyung Kim, Sarah Min, Michelle Fox, Christina Cheddar Berk and Pia Singh of CNBC.
