Stocks making the biggest moves premarket: Macy's, Salesforce, Dollar General and more

Check retired the companies making headlines earlier the bell.

Nordstrom — Shares roseate 4.7% aft Nordstrom's first-quarter results topped Wall Street's expectations. The institution posted net per stock of 7 cents and gross of $3.18 billion. Analysts had estimated a nonaccomplishment per stock of 10 cents and $3.12 cardinal successful revenue, according to StreetAccount.

C3.ai — The artificial quality institution sank 21% aft sharing disappointing guidance for the fiscal archetypal quarter. That overshadowed a smaller-than-expected nonaccomplishment for the fiscal 4th quarter.

Salesforce — The bundle giant's shares fell 6% aft the institution reported higher-than-expected superior costs and little request for consulting deals successful its fiscal archetypal quarter.

Okta — The unreality bundle company's shares tumbled much than 20% Thursday. While Okta's first-quarter results came supra statement expert estimates, decelerating subscription gross maturation and smaller woody sizes from a worsening macroeconomic situation affected capitalist sentiment. BMO Capital Markets downgraded shares to marketplace execute from outperform successful a Thursday note. 

Macy's — Shares of the retail elephantine slid 7% premarket aft the institution missed gross estimates for its astir caller quarter, according to Refinitiv. Macy's besides slashed its full-year net and income guidance, aft "demand trends weakened" for discretionary items successful March.

Lucid Group — The luxury electrical conveyance shaper saw its shares driblet 12.5% aft it said it's raising astir $3 billion done a caller banal offering. It added that immoderate $1.8 cardinal of the rise volition travel from a backstage placement with Saudi Arabia's Public Investment Fund, which owns astir 60% of the company.

Chewy — Shares jumped 17% aft the favored products e-commerce institution reported an net and gross bushed for the archetypal quarter. The institution besides raised its full-year guidance and announced plans for enlargement to Canada successful the 3rd quarter. 

Dollar General — Shares tumbled 9% aft the institution reported an net and gross miss for the archetypal quarter. The institution said the macroeconomic situation is much challenged than it had antecedently anticipated and reduced its fig of expected caller store openings. 

CrowdStrike — Shares of the cybersecurity institution fell 10% contempt CrowdStrike's first-quarter results beating expert expectations. Sales reported 57 cents successful adjusted net per stock connected $693 cardinal of revenue. Analysts surveyed by Refinitiv were expecting 51 cents per stock and $676 cardinal per share. Several Wall Street analysts highlighted a slowdown successful yearly recurring gross maturation arsenic a antagonistic for the quarter.

Target — Shares traded down 1.4% aft JPMorgan downgraded Target to neutral from overweight. The slope cited respective factors, including a weakening user spending environment, ongoing stock losses from caller controversies and market ostentation headwinds. 

Victoria's Secret — The banal fell 13.6% aft the institution reported a quarterly net and gross miss. The lingerie retailer reduced its full-year gross guidance successful the debased single-digits scope from the anterior midsingle-digit scope estimates. 

CSX — Shares added 1.5% successful premarket trading pursuing an upgrade by UBS to bargain from neutral. The Wall Street steadfast cited CSX's beardown web operation, which it believes volition supply leverage to the adjacent measurement upturn. UBS besides raised its terms people to $37 from $33, suggesting astir 21% upside from Wednesday's close.

Veeva Systems — The machine exertion institution got a 9% boost successful its banal terms aft it posted better-than-expected net and gross for the archetypal quarter. Veeva besides raised its full-year net per stock guidance 26 cents.

Pure Storage — Shares rallied 5% pursuing a better-than-expected first-quarter net report. The company's full-year gross guidance besides topped analysts' estimates.

— CNBC's Tanaya Macheel, Samantha Subin, Jesse Pound and Michelle Fox contributed reporting.