{"id":4732,"date":"2026-06-24T15:27:42","date_gmt":"2026-06-24T15:27:42","guid":{"rendered":"https:\/\/www.finznest.com\/blog\/stocks-making-the-biggest-moves-premarket-cbrs-mu-fdx-wen\/"},"modified":"2026-06-24T15:27:42","modified_gmt":"2026-06-24T15:27:42","slug":"stocks-making-the-biggest-moves-premarket-cbrs-mu-fdx-wen","status":"publish","type":"post","link":"https:\/\/www.finznest.com\/blog\/stocks-making-the-biggest-moves-premarket-cbrs-mu-fdx-wen\/","title":{"rendered":"Stocks making the biggest moves premarket: CBRS, MU, FDX, WEN"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making the biggest moves premarket: Cerebras \u2014 The semiconductor company dropped 11% after posting its first earnings report since going public in May. Cerebras reported a first-quarter loss of 22 cents on revenues of $193.4 million. The company also said core gross margin is expected to shrink to between 36% and 38% in the second quarter, compared to 46.5% in the first. FedEx \u2014 Shares shed about 6.5% even after the company posted better-than-expected fiscal fourth-quarter results . Those numbers reflected the last before FedEx spun off its freight business. Micron \u2014 The memory stock was rising more than 2.5% in premarket trading, rebounding from its 13% fall on Tuesday. It was also climbing ahead of the company&#8217;s earnings, which are set to be released Wednesday after the bell. Memory stocks \u2014 It wasn&#8217;t just Micron rebounding: other memory stocks were rising after a Tuesday sell-off induced by a sharp decline in tech stocks in South Korea . Sandisk rose more than 2%, while Western Digital was up more than 1%. Seagate Technology rose about 1%. KB Home \u2014 The homebuilder added 2.5% after posting fiscal second-quarter revenue of $1.11 billion, beating the $1.10 billion analysts had penciled in, per LSEG. On the other hand, KB Home&#8217;s earnings of 43 cents per share came under the estimated 45 cents. Worthington Enterprises \u2014 The industrial manufacturer tumbled 10% after reporting fiscal fourth-quarter results that missed expectations. In its last quarter, Worthington earned an adjusted 97 cents per share on revenue of $371.5 million. Analysts surveyed by FactSet were expecting earnings of $1.06 per share and $386.5 million in revenue. Wendy&#8217;s \u2014 Shares were surging as the stock became one of the most discussed on the Reddit investing community r\/Wallstreetbets, according to data from Swaggy Stocks. Wendy&#8217;s has a short interest of around 23% of its float, according to S3 Partners, potentially setting up a short squeeze. Arm Holdings \u2014 The semiconductor company rose 3% after it received price target hikes from analysts at both UBS and TD Cowen. Both said that the company&#8217;s CPU business&#8217; outlook has improved amid the shift toward the chip as agentic AI becomes more and more popular. Take-Two Interactive Software \u2014 Shares were up more than 3% after the company announced presales for its Grand Theft Auto 6 game will begin on Thursday. The stock was also boosted by BTIG initiating coverage of it with a buy rating, saying the game will lead to a multi-year improvement in earnings power. \u2014 CNBC&#8217;s Nick Wells contributed reporting<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making the biggest moves premarket: Cerebras \u2014 The semiconductor company dropped 11% after posting its first earnings report since going public in May. Cerebras reported a first-quarter loss of 22 cents on revenues of $193.4 million. The company also said core gross margin is expected to shrink to between 36% and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4733,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[372,3257,2866,371,373,559,238,3217],"class_list":["post-4732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-biggest","tag-cbrs","tag-fdx","tag-making","tag-moves","tag-premarket","tag-stocks","tag-wen"],"_links":{"self":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/4732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/comments?post=4732"}],"version-history":[{"count":0,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/4732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media\/4733"}],"wp:attachment":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media?parent=4732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/categories?post=4732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/tags?post=4732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}