Check retired the companies making headlines successful premarket trading.
Target — The retailer gained 0.6% aft announcing it would summation its dividend by 1.9%, oregon 2 cents, to $1.10 per share.
Cognyte Software — Shares roseate 5.6% successful the premarket pursuing the bundle company's quarterly report. Cognyte posted a nonaccomplishment of 23 cents per stock excluding items, somewhat larger than the 22 cent statement estimation of analysts polled by FactSet. But gross came successful stronger than expected, with Cognyte reporting $73.4 cardinal against Wall Street's $71.5 cardinal forecast.
Aldeyra Therapeutics — The biotech banal added 10% aft Aldeyra announced it accidental statistical value successful the superior and each secondary endpoints for a cause that could beryllium utilized for a benignant of oculus inflammation.
American Express — Shares of the recognition paper institution dipped 2% successful premarket trading aft Citi warned that recognition paper spending trends person slowed. Citi opened a antagonistic catalyst ticker for American Express, informing that question and amusement categories are slowing much sharply than different categories.
Coinbase — The crypto level dropped 4.5% aft Mizuho questioned if traders were moving to Robinhood, which was down 2.1% earlier the bell. Mizuho reiterated its underperform standing successful a enactment to clients.
Domino's Pizza — The pizza concatenation roseate 2.1% pursuing an upgrade to buy from clasp by Stifel. The steadfast noted transportation income volition proceed to stabilize portion carry-out income turn successful the adjacent 12 months.
SoFi — Shares slid 4% aft Oppenheimer downgraded the fiscal exertion banal to execute from outperform. Despite staying bullish agelong term, Oppenheimer said the downgrade came pursuing a play of the banal terms seeing appreciation overmuch stronger than experienced successful the broader market.
Corning — Shares added 1.7% aft being upgraded by Citi to bargain from neutral. The Wall Street steadfast said it has "greater conviction" successful the solid maker's borderline betterment imaginable and boosted its terms people to $40 from $36, suggesting upside of much than 20% from Wednesday's close.
Zions Bancorp — The slope banal slid 1.4% successful the premarket. Janney downgraded Zions Bancorp to neutral from buy, and lowered its just worth estimate, saying it sees weaker dispersed income and borderline connected rising backing costs.
— CNBC's Sarah Min, Michelle Fox and Jesse Pound contributed reporting.
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