Lucid files for 1-for-10 reverse stock split requiring shareholder approval
Investing.com -- U.S. stock futures rose Friday ahead of the release of the widely-watched monthly official jobs report, with trade negotiations still in the spotlight.
Here are some of the biggest premarket U.S. stock movers today:
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Tesla (NASDAQ:TSLA) stock rose 4.6%, bouncing after tumbling over 14% during the prior session as Politico reported that White House aides had organized a call between Trump and Musk, scheduled for later in the session, in an attempt to end their public feud.
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Broadcom (NASDAQ:AVGO) stock fell 2.3% after the chipmaker’s third-quarter revenue forecast failed to impress investors who have been extremely bullish on chip stocks amid an artificial intelligence boom.
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Lululemon Athletica (NASDAQ:LULU) stock slumped 21% after the athletic apparel company trimmed its fiscal 2025 earnings guidance, driven largely by tariff-related pressures.
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DocuSign (NASDAQ:DOCU) stock fell 19% after billings growth at the software company was slower than expected in the first quarter.
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Stellantis (NYSE:STLA) stock rose 1.1% after the auto giant’s new CEO Antonio Filosa will earn at least $4 million annually in his first two years at the helm, rising to up to $23 million a year from 2028, including bonuses, although his remuneration will be lower than predecessor Carlos Tavares.
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Miniso Group (NYSE:MNSO) stock fell 1.7% after the Chinese retailer said it was making a preliminary assessment of a potential spin-off listing of its pop toy business operating under the brand, "TOP TOY".
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Walmart (NYSE:WMT) stock rose 0.1% after the big-box retailer announced plans to expand drone deliveries to three more states, making a total of five states: Arkansas, Florida, Georgia, North Carolina and Texas.
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Walt Disney (NYSE:DIS) stock rose 0.2% after the entertainment giant said its domestic theme parks generate $67 billion in combined annual economic impact.