Stocks making the biggest moves premarket: Best Buy, First Solar, Twitter and more – CNBC
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Check out the companies making headlines before the bell:
Best Buy (BBY) – Best Buy gained 2.6% in the premarket after the electronic retailer beat Street forecasts on the top and bottom lines for its latest quarter, while comparable store sales declined less than expected.
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Big Lots (BIG) – The discount retailer reported a smaller-than-expected quarterly loss and better-than-expected revenue. Comparable store sales also fell less than analysts had forecast. The stock rose 2.7% in premarket trading.
First Solar (FSLR) – First Solar rose 1.9% in premarket action after announcing it would spend $1.2 billion to expand U.S.-based manufacturing, including a new factory in the southeast. The solar equipment maker earlier this year had said it was unlikely to build new U.S. facilities, but changed its strategy due to the tax…
Read Full Story: https://www.cnbc.com/2022/08/30/stocks-making-the-biggest-moves-premarket-best-buy-first-solar-twitter-and-more.html
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