U.S. stock futures were upbeat this morning, with the Nasdaq gaining ground. However, the market saw significant pre-market losses for several companies, including Capri Holdings after a judge blocked its merger with Tapestry, Coursera due to weak guidance, and The Bancorp following disappointing earnings. Read on for a breakdown of the day’s key pre-market movers.
Deckers Outdoor Corporation (DECK) shares surged in pre-market trading after exceeding earnings expectations in the second quarter. Meanwhile, Capri Holdings (CPRI) plummeted after a judge blocked its proposed merger with Tapestry. Other notable pre-market movers include Safe & Green Holdings, ARB IOT Group, Jeffs’ Brands, and Faraday Future.
