Stocks showing the largest changes before the market opens: Haemonetics, Broadcom, Lululemon, Wolfspeed, and others

Stocks showing the largest changes before the market opens: Haemonetics, Broadcom, Lululemon, Wolfspeed, and others

Premarket Moves: Companies to Watch

Here’s a look at some notable stocks making waves in premarket trading:

  • Haemonetics: The blood and plasma provider saw shares rise by 8% after CSL announced plans to complete the rollout of Haemonetics’ plasmapheresis platform throughout the U.S. by the end of 2027.
  • Wolfspeed: Shares jumped over 15% following a conditional $1.5 billion loan agreement, which represents a 30-year financing commitment from the Defense Department. This financing is aimed at bolstering domestic production, and the Pentagon could obtain warrants for as much as 7.5% of the company under the terms proposed.
  • Broadcom: The chip manufacturer experienced nearly a 2% dip in premarket trading. Reports suggest that Broadcom is working on securing over $50 billion in financing for custom AI chips being developed in collaboration with OpenAI.
  • Taiwan Semiconductor Manufacturing: As the leading contract chipmaker globally, the company reported a remarkable 54.6% increase in revenue for September year-over-year, bringing third-quarter revenue to $16.03 billion, which surpassed expectations. However, shares were down about 1% during early trading.
  • Lululemon: Shares dipped around 1% after the athleisure brand announced changes in leadership, appointing former Nike executive Maggie Gauger as the new chief product officer and Joseph Godsey as the COO. These changes come as Lululemon’s CEO, Heidi O’Neill, aims to stimulate growth and address struggles in the North American market.
  • Levi Strauss: The company saw a nearly 3% drop in stock value after reporting third-quarter revenues of $1.61 billion, which slightly fell short of expectations due to weaker direct-to-consumer sales in both the U.S. and Europe. While adjusted earnings exceeded estimates and tariff refunds contributed positively to profitability, the sales outlook appears less optimistic.
  • Applied Digital: Shares increased by 1% following a report of first-quarter revenue nearing $342 million, reflecting a staggering 322% growth year-over-year. Their AI data-center business is expanding significantly, as CEO Wes Cummins has noted that a Tier 1 hyperscaler is in the process of developing a self-build data center in North Dakota, emphasizing the rising demand for AI infrastructure there.
  • Palantir Technologies: The software giant’s stock rose more than 2%, defying the general market trend after Goldman Sachs upgraded their rating to buy. Analysts highlighted a potential expansion in the total addressable market, driven by the shift to sovereign AI and custom applications. They noted that Palantir has managed to maintain its position despite increased competition.
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