Stock futures were higher Thursday as investors awaited a speech from Federal Reserve Chairman Jerome Powell as well as an expected interest-rate hike from the European Central Bank.
These are some of the stocks making moves in premarket trading Thursday.
Asana (ASAN) soared 23% early Thursday after the work-management platform raised its revenue forecast for the fiscal year. In addition, Chief Dustin Moskovitz purchased $350 million of shares in a private placement.
American Eagle Outfitters (AEO) fell 15% after the clothing retailer reported earnings for its second quarter that widely missed analysts’ expectations. CEO Jay Schottenstein said that “a tougher macro environment is impacting consumer spending behavior.”
Revance Therapeutics (RVNC) was climbing 15% after the biotech company announced that the Food and Drug Administration approved Daxxify for injection for the temporary improvement of moderate to severe frown lines.
First Solar (FSLR) was upgraded to Buy from Sell at Goldman Sachs. The stock was up 3.7%.
Moderna (MRNA) was rising 1.9% after an analyst from Deutsche Bank upgraded the rating of the medical company to Buy from Hold.
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