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Check out the companies making headlines in premarket trading.
Salesforce — Shares of the software giant dropped more than 6% in premarket trading despite a better-than-expected third-quarter earnings report. The company's fourth-quarter guidance missed analysts' expectations. Salesforce also announced it promoted Bret Taylor to the role of co-CEO, alongside Marc Benioff.
Box — Shares of Box rose more than 9% in early morning trading after the company's quarterly financial results beat on the top and bottom lines. Box posted earnings of 22 cents per share on revenue of $224 million versus the Refinitv consensus estimate of 21 cents per share on revenue of $218.5 million, according to Refinitiv. The company's fourth-quarter
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