Amazon, Boeing, CrowdStrike, and other companies are experiencing significant premarket movements.

Amazon, Boeing, CrowdStrike, and other companies are experiencing significant premarket movements.
Amazon, Boeing, CrowdStrike, and other companies are experiencing significant premarket movements.

Check out the companies making headlines before the bell:

Amazon's premarket stock price increased by 5.3% after the company announced a 20-for-1 stock split and a $10 billion share buyback program. This move, similar to Google parent's earlier this year, has sparked discussions about the possibility of Amazon or Alphabet joining the Dow Jones Industrial Average.

The FAA has issued safety directives to address engine problems on certain Boeing 777 jets. Boeing must now provide airlines with the necessary steps to comply with the FAA's requirements. Boeing's stock price fell 1.5% in the premarket.

CrowdStrike experienced a 12.5% increase in premarket trading after reporting better-than-expected quarterly profit and revenue. Additionally, the company forecasted an optimistic outlook for 2022. CrowdStrike announced its intention to aggressively pursue market share as the demand for cybersecurity continues to grow.

Asana's premarket decline of 24.1% was due to the company forecasting a wider-than-expected loss for the current quarter, despite reporting a narrower-than-expected loss and revenue that exceeded analyst forecasts in its most recent quarter.

Marqeta's premarket stock price increased by 7.4% after the company reported better-than-expected quarterly revenue and a breakeven quarter, despite anticipating a loss. Additionally, Marqeta forecasted higher revenue for the current quarter.

Despite reporting better-than-expected profit and revenue for its latest quarter, JD.com experienced its slowest revenue growth since early 2020. Its stock price dropped 6.5% in the premarket.

The private aviation company reported a quarterly loss of 31 cents per share, 6 cents wider than the consensus estimate. Despite this, revenue was well above estimates at $345 million, representing an increase of 64% over a year earlier, while active membership grew by 31%. Wheels Up shares gained 4% in the premarket.

Elevance Health will replace the name of the health insurer, as announced by the Wall Street Journal. The change, which requires shareholder approval, reflects the expansion of its business scope.

The retailer reported higher-than-anticipated quarterly revenue and earnings, with a 10% increase in in-store sales and a 36% surge in online sales compared to the previous year.

by Peter Schacknow

markets