Global Courant
Aircraft VMS EVE carries spacecraft VSS Unity during a test flight.
Virgo Galactic
Check out the companies making the biggest strides in premarket trading:
Virgo Galactic — Shares rose nearly 45% in premarket trading, a day after the company said its first commercial space tourism flight will take place later this month. The second commercial flight is expected in early August, with monthly flights thereafter, the company said.
Adobe — The tech stock rose nearly 5% after earnings and revenue surged after the bell on Thursday. The company also raised its guidance for the fiscal third quarter and full year. It expects to earn between $15.65 and $15.75 per share, after adjustments, on revenue in the range of $19.25 billion to $19.35 billion in fiscal 2023, which is on the high side of estimates .
i robots — Shares rose more than 20% after UK regulator, Competition and Markets Authority, approved Amazon’s Acquisition of $1.7 billion of the Roomba vacuum cleaner. Amazon’s shares were flat.
SoFi technologies — Shares fell about 6% after being downgraded from buy to neutral by Piper Sandler. The Wall Street firm said the call was primarily due to valuation, but believed the financial technology firm was a “long-term winner.” Oppenheimer also lowered the stock on Thursday due to its recent appreciation.
Cava Group — The newly launched restaurant stock rose more than 4% in premarket trading on Friday, extending the huge gains from Thursday’s session. Cava closed its first day of trading on Thursday at $43.78 per share, 99% above its IPO price of $22 per share.
Micron Technologies — The chip stock gained nearly 3% after a Bloomberg report that said, Micron is about to close a $1 billion deal to build a new factory in India.
design kings — Shares rose more than 1% after the online gambling company made a $195 million bid for PointsBet’s US assets, surpassing Fanatics.
— CNBC’s Jesse Pound contributed reporting.
