GameStop, DocuSign fall premarket; Lyft, Geron rise
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Investing.com -- U.S. stock futures traded in a muted fashion Friday, as investors awaited the release of the highly-anticipated nonfarm payrolls release.
Here are some of the biggest premarket U.S. stock movers today:
GameStop (NYSE:GME) stock slumped 20% after the video game retailer reported a sharp drop in net sales in the first quarter from a year prior, while also suffering a loss of $32.3 million during the quarter. The stock had been sharply higher earlier ahead of a YouTube livestream by Keith Gill, better known as “Roaring Kitty”, later Friday.
DocuSign (NASDAQ:DOCU) stock fell 6.5% after the software firm’s second-quarter guidance disappointed, even as it beat expectations with its first quarter earnings.
Nvidia (NASDAQ:NVDA) stock fell 0.2%, continuing the previous session’s losses which saw the chipmaker’s market valuation slipping below the $3 trillion mark, behind that of Apple, again making it the world's third-most valuable company.
Apple (NASDAQ:AAPL) stock rose 0.3% ahead of the iPhone maker’s next developers conference on Monday, when it’s expected to unveil details on its next major software update.
Geron (NASDAQ:GERN) stock rose 25% after the biopharmaceutical company got its first approval from the U.S. Food and Drug Administration for its blood disorder drug Rytelo.
Lyft (NASDAQ:LYFT) stock rose 3% after the ride-hailing company announced it was expecting gross bookings to grow about 15% at a compound annual rate over the next three years.
J.Jill (NYSE:JILL) stock rose 5.1% after the womenswear retailer posted better-than-expected first-quarter earnings, lifting its full-year sales guidance.
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