These are the stocks posting the largest moves in the premarket.
Check out the companies making the biggest moves in premarket trading: Planet Fitness — Shares tumbled as much as 7% after the gym franchise reported a revenue miss for its first quarter and issued disappointing guidance for the year. Quarterly revenue was $248 million, versus the $249.5 million expected from analysts polled by FactSet. Planet Fitness cut its full-year guidance for adjusted EPS growth to 7% to 9% from 10% to 11%, missing the consensus estimate of 11.1%.
AppLovin reported earnings per share of 67 cents, versus the 57 cents expected from analysts polled by LSEG. Revenue was $1.06 billion versus the $974 million consensus estimate. SolarEdge — Shares tumbled more than 8% premarket after the energy company posted a wider than expected loss of $1.90 per share for the first quarter. Analysts expected a $1.55 per share loss, according to FactSet.
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