CrowdStrike and Campbell Soup fall premarket; Southwest Airlines rises
Investing.com -- U.S .stock futures rose Wednesday, bouncing after the recent selloff amid hopes for a compromise from the tariff announcements by U.S. President Donald Trump on his country’s main trading partners.
Here are some of the biggest premarket US stock movers today:
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CrowdStrike (NASDAQ: CRWD ) stock fell 7.7% after the cybersecurity firm forecast first-quarter revenue slightly below estimates, due to weak spending on its cybersecurity products.
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Campbell Soup (NYSE: CPB ) stock dropped 5.5% after the packaged food company lowered its annual sales and profit forecasts, signaling weak demand for snacks amid intense competition from cheaper private-label brands.
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Foot Locker (NYSE: FL ) stock rose 0.2% after the footwear retailer reported better-than-anticipated earnings and comparable sales for the fourth quarter of fiscal 2025.
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Southwest Airlines (NYSE: LUV ) stock rose 1.3% after the carrier announced plans to close two flight attendant bases, in Texas and Florida, amid its cost-cutting push.
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Ford (NYSE: F ) stock rose 1.5%, General Motors (NYSE: GM ) added 3.9% and Tesla (NASDAQ: TSLA ) gained 1.5%, after logging sharp declines in the previous session, amid hopes the tariffs on Mexico and Canada can be halted.
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Nvidia (NASDAQ: NVDA ) stock rose 1.4%, Broadcom (NASDAQ: AVGO ) jumped 1.6% and Intel (NASDAQ: INTC ) climbed 1.1% after President Trump said lawmakers should get rid of a landmark 2022 bipartisan law on subsidies to the semiconductor industry.
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Dollar Tree (NASDAQ: DLTR ) stock rose 1.9% after the discount retailer named Stewart Glendinning, former Tyson Foods (NYSE: TSN ) CFO, as its next chief financial officer, effective March 30.
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Arista Networks (NYSE: ANET ) stock rose 2.7% after UBS upgraded its stance on the network equipment company to “buy” from “neutral”, citing AI momentum.