Stocks on the Move: Premarket Highlights for May 20, 2025
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Stocks on the Move: Premarket Highlights for May 20, 2025
A number of major companies are making waves in premarket trading this Tuesday, driven by earnings reports, analyst upgrades, and strategic partnerships. Here’s a breakdown of the biggest movers and what’s behind their momentum or their pullbacks.
🏠 Home Depot (HD)
Premarket Move: +2.4%Home Depot shares rose after the company reaffirmed its full-year financial guidance. In an interview with CNBC, CFO Richard McPhail noted that the retailer does not intend to raise prices in response to tariff pressures, a move likely to resonate well with cost-conscious consumers. Investors responded positively to the steady outlook amid broader retail uncertainty.
🚢 Viking Holdings (VIK)
Premarket Move: -5.6%Despite posting better-than-expected Q1 results, Viking Holdings shares slid. The company reported a narrower loss of 24 cents per share (adjusted) on revenue of $897.1 million surpassing analyst forecasts of a 29-cent loss and $841.2 million in revenue. The drop likely reflects cautious investor sentiment around cruise and travel stocks.
💻 Hewlett Packard Enterprise (HPE)
Premarket Move: +3%HPE got a boost following an upgrade from Evercore ISI, which raised its rating to “Outperform.” Analyst Amit Daryanani pointed to an attractive risk-to-reward ratio, making HPE an appealing entry point for investors seeking exposure to cloud infrastructure and enterprise solutions.
🚘 Uber Technologies (UBER)
Premarket Move: +1%Uber shares ticked up following the announcement of a partnership with Waymo to expand autonomous ridesharing in Atlanta. This collaboration strengthens Uber’s positioning in the future of transportation and autonomous vehicle innovation.
🤖 Pony AI
Premarket Move: +5%Shares of Pony AI surged after the China-based autonomous driving firm reported strong quarterly performance. Increased demand for its robotaxi services fueled optimism, and the company revealed plans to expand its fleet to 1,000 vehicles by the end of the year.
🧠 MongoDB (MDB)
Premarket Move: -2%The database software provider saw a modest dip after Loop Capital downgraded the stock to “Hold.” Analyst Yun Kim cited slow adoption of the company’s Atlas cloud platform, signaling concerns over the near-term growth trajectory.
🏀 Amer Sports
Premarket Move: +10%Amer Sports impressed investors with its Q1 earnings report, beating both revenue and profit expectations. The company posted earnings of 27 cents per share on revenue of $1.47 billion, surpassing estimates of 15 cents and $1.39 billion, respectively. The strong quarter reflects robust demand across its sports equipment brands.
🎮 Bilibili (BILI)
Premarket Move: +3%The Chinese video-sharing platform saw its stock climb after reporting Q1 earnings that exceeded analyst forecasts. The company also reported a year-over-year increase in daily active users, rising from 102.4 million to 106.7 million, highlighting its growing user engagement.
🧬 D-Wave Quantum (QBTS)
Premarket Move: +18%Quantum computing firm D-Wave rallied on the launch of its new system, Advantage2. The announcement sparked excitement among investors, spilling over to other sector peers like Rigetti (+4.9%) and Quantum Computing Inc. (+10.8%), signaling broader enthusiasm for breakthroughs in quantum tech.
Bottom Line
Today’s premarket activity is a reflection of how investor sentiment is being shaped by innovation, strategic moves, and earnings surprises. Whether it’s advancements in autonomous vehicles or quantum computing, the market is closely watching for future-focused growth stories.
Stay tuned for updates as the regular session unfolds.
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