A screen displays the Hertz logo during the Hertz Corporation IPO on the Nasdaq market site in Times Square on November 9, 2021 in New York.
Brendan McDermid | reuters
Check out the companies making headlines before the bell rings:
Cheese — Shares fell 22.7% after Monday’s earnings report. The company gave first-quarter and full-year revenue guidance that came in below analysts’ expectations, according to Refinitiv. Chegg noted customer growth challenges and concerns related to the health of the broader economy.
baidu Shares soared more than 13% after Baidu said Launched its artificial intelligence chatbot Which will be called “Ernie Bot” in English.
bed Bath and Beyond Shares plunged 30% after Bed Bath & Beyond announced A public offering to raise roughly $1 billion.
Oak Street Health — Shares of Oak Street Health soared more than 36% after The Wall Street Journal reported that CVS Health is nearing a $10.5 billion deal for the primary care provider. Shares of CVS were little changed.
haters — Shares rose more than 4% after Hertz reported results that beat earnings per share and revenue expectations, according to FactSet.
Zoominfo Technologies — Shares tumbled more than 11% after ZoomInfo Technologies’ latest earnings results. According to FactSet, the software company outperformed on the top and bottom line. However, it posted a stellar revenue outlook for the first quarter and the full year.
Spirit Airlines Shares of the airline jumped 3% in the premarket after the company reported better-than-expected fourth-quarter earnings. Spirit Airlines reported earnings of 12 cents per share excluding items, beating analysts’ estimates by 9 cents, according to FactSet.
Skyworks Solutions — Shares rose more than 2% after Skyworks Solutions announced a $2 billion share buyback program. The announcement helped investors overlook a modest earnings shortfall in the semiconductor firm’s most recent quarter.
activism blizzard — Shares rose 2% after Activision Blizzard topped revenue expectations in its most recent quarter. According to Refinitiv, the firm reported $3.57 billion in revenue, higher than the consensus estimate of $3.16 billion in revenue.
pinterest — Shares of Pinterest declined more than 1% after the image-sharing company posted mixed earnings results. The firm reported earnings of 29 cents per share, beating forecasts of 27 cents per share, in line with Refinitiv’s consensus expectations. However, revenue came in at $877 million, below estimates of $886 million.
dupont de nemours Shares declined 2% after DuPont de Nemours posted earnings results from its most recent quarter. The firm beat expectations on the top and bottom lines, but its earnings and revenue for the first quarter fell well short of guidance estimates.
Leggett and Platt — Shares fell more than 1% after Leggett & Platt reported disappointing earnings results, in line with consensus expectations on FactSet.
— CNBC’s Alex Haring and Yun Lee contributed reporting