Target (TGT)

Target fell 3.3% in the premarket after the retailer
reported quarterly earnings of 39 cents per share, well short of the 72-cent
consensus estimate. Target’s revenue met estimates, but it cut prices
significantly to reduce excess inventory during the quarter. The company said
the 1.2% operating margin rate during the reported quarter would improve to
nearly 6% in the second half of the year.

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Manchester United (MANU)

Manchester United jumped 4.6% in the premarket after Elon Musk wrote on Twitter that he was buying the British football team and then subsequently said he was joking.

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Bed Bath & Beyond (BBBY)

Bed Bath & Beyond surged 22.8% in the premarket after
reporting over 20% gains in each of the last three sessions. The retailer’s
shares, which have been popular with “meme stock” investors, are up in 14 of
the past 15 sessions, more than a four-times increase in value over that
period.

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Lowe’s (LOW)

Lowe’s slipped 1% in premarket trading after it posted
quarterly earnings of $4.67 per share, 9 cents above estimates. The home
improvement products seller’s revenue and comparable store sales come in below
analyst forecasts but predicted full-year earnings would come in at the top end
of its guidance range.

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TJX (TJX)

The stock fell 1.2% in premarket action after the parent of
the TJ Maxx and Marshalls retail chains reported a quarterly profit of 69 cents
per share, 3 cents above estimates. Revenue and comparable store sales were
lower-than-expected. TJX slashed its full-year forecast as well, saying
inflation impacted the spending habits of its customers.

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Krispy Kreme (DNUT)

Shares of the doughnut chain plunged 14.7% in the premarket
after it reported lower-than-expected profit and revenue for the second
quarter. Krispy Kreme said it is expecting a significant decline in commodity
costs in recent weeks.

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Agilent Technologies (A)

Agilent jumped 6.6% in premarket trading after the life
sciences and diagnostics company’s quarterly profit and revenue exceeded
estimates. Agilent also raised its full-year forecast on strong order flow.

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Sanofi (SNY)

Shares of the French drug maker fell 5.4% in premarket
action after it suspended the development of breast cancer treatment
amcenestrant. The suspension came after a trial showed no signs that the drug
was effective.

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Southwest Gas (SWX)

Southwest Gas added 4.7% in the premarket after investor
Carl Icahn raised his stake in the company to 8.7% from 7.6%.