Stocks making the biggest moves premarket: DocuSign, Tesla, RH and more

Check retired the companies making headlines earlier the bell.

DocuSign — Shares of the physics signature institution surged 16.4% aft the DocuSign's quarterly numbers bushed Wall Street expectations. DocuSign besides shared gross guidance for the 3rd 4th supra expectations and an outlook for the afloat twelvemonth that fell successful enactment with estimates.

Zscaler — Zscaler soared 14.1% aft posting beardown results for the caller quarter. The unreality information institution reported adjusted net of 25 cents a stock connected $318 cardinal successful revenue. Analysts surveyed by Refinitiv had anticipated net of 20 cents a stock connected revenues of $305 million.

RH — The luxury location furnishing retailer's banal fell 1% connected the backmost of disappointing gross guidance. RH expects third-quarter gross to diminution betwixt 15% and 18%, much than a StreetAccount forecast for a 10.7% drop.

Virgin Galactic — Shares of the abstraction tourism institution slipped 1.9% aft Bernstein downgraded the banal to underperform, citing declining assurance successful Virgin Galactic's concern arsenic it burns done currency and delays flights.

Tesla — Tesla shares roseate 1.3% successful the premarket pursuing quality that the electric conveyance shaper is considering gathering a lithium refinery for EV artillery accumulation successful Texas this year, according to an exertion filed with the Texas Comptroller's Office.

Navient — Shares slipped 2.1% aft Barclays downgraded the pupil indebtedness servicer's stock to adjacent weight. The steadfast said President Joe Biden's indebtedness forgiveness program could wounded Navient's net going forward.

Regeneron — Regeneron's banal moved astir 1% higher successful the premarket aft Morgan Stanley upgraded shares to overweight pursuing affirmative results from its oculus cause trial. It comes a time aft the banal soared astir 19% connected the backmost of those results.

Zumiez — Shares of the covering store institution fell 13% successful the premarket connected the backmost of disappointing quarterly results. Zumiez earned 16 cents per share, beneath a StreetAccount estimation of 47 cents per share. The company's gross borderline was besides beneath expectations.