Finance

Best Buy, Snowflake, Okta & more

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Take a look at some of the biggest movers in the premarket:

Best Buy (BBY) – Best Buy shares jumped 3.8% in the premarket after the electronics retailer reported quarterly earnings of $2.23 per share, which beat the consensus estimate of $1.39 a share. Revenue and comparable-store sales also exceeded Wall Street forecasts and Best Buy raised its full-year comparable sales forecast.

Snowflake (SNOW) – Snowflake lost 11 cents per share for the first quarter, smaller than the 16 cents a share loss that analysts were anticipating. The cloud computing company’s revenue also topped forecasts, but shares fell 3.3% in the premarket as losses grow at a similar rate as its sales.

Okta (OKTA) –…



Source cnbc.com

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