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Stocks making the biggest moves premarket: Alibaba, JD.com, Cisco, Nvidia and more
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Check out the companies making headlines before the bell:
Macy's (M) – Macy's surged 8% in the premarket after the retailer reported better-than-expected quarterly sales and profit, and raised its full-year outlook. Macy's earned an adjusted $1.23 per share for the quarter, well above the 31-cent consensus estimate, and the raised forecast is easing concern about holiday season inventory shortages.
BJ's Wholesale (BJ) – The warehouse retailer beat estimates by 11 cents with adjusted quarterly earnings of 91 cents per share, while revenue and comparable-store sales also topped forecasts. BJ's also announced a new stock buyback program worth up to $500 million.
Kohl's (KSS) – Kohl's rallied 6% in premarket trading as the
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