Stitch Fix — Shares jumped more than 7% after the company’s fiscal third-quarter revenue and adjusted EBITDA earnings came above expectations. The company mentioned it focused on “improving efficiencies, maintaining profitability and cash flow” during the third quarter.
GameStop — The meme stock added 2.4% premarket ahead of quarterly results on Wednesday. Analysts polled by FactSet are forecasting a quarterly loss of an adjusted 15 cents per share.
NovoCure — The oncology company added 3.2% before the opening bell. The company just wrapped up a presentation of key data from a study linked to a treatment for lung cancer at the 2023 American Society of Clinical Oncology Annual Meeting which reached its “primary endpoint.”
Yext — The online marketing firm soared more than 17% in premarket trading on better-than-expected quarterly results. Yext earned an adjusted 8 cents per share in the first quarter on revenue of $99.5 million. Analysts expected a profit of 5 cents per share on revenue of $98.5 million, according to StreetAccount.
— CNBC’s Hakyung Kim, Jesse Pound and Yun Li contributed reporting.