These are the stocks posting the largest moves in premarket trading.
Check out the companies making headlines before the bell. Arista Networks — Shares of the cloud networking solutions company gained nearly 10% after beating third-quarter expectations. Arista reported earnings of $1.83 per share, excluding items, on $1.51 billion in revenue. This was higher than the $1.58 in earnings per share on $1.48 billion in revenue that analysts surveyed by FactSet had been expecting.
Chegg — Shares of the education technology company shed over 4%. Chegg's third-quarter earnings came in at 18 cents per share, excluding items, higher than the 17 cents per share expected by analysts polled by LSEG. Similarly, revenue at $158 million was above consensus estimates of $152 million. VF Corporation — Shares of the apparel and footwear company slid more than 6% after withdrawing its previous full-year 2024 guidance for earnings and revenue.
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