Lyft, Robinhood, Zillow, Kraft Heinz and others

The early bird catches the worm with these pre-market movers! Here’s a look at the companies making headlines before the trading day kicks off:

1. Lyft: Shares surged 21% after the ride-hailing company posted stronger-than-expected fourth-quarter results and issued better-than-expected guidance. Adjusted earnings of 18 cents per share and revenue of $1.22 billion were in line with analysts’ expectations.

2. Robinhood Markets: The investing platform beat on earnings and revenue for the fourth quarter, leading to a 16.5% surge in its shares.

3. Angi: The home services platform reported a narrower-than-expected quarterly loss, leading to a 7% jump in its shares.

4. DaVita: The healthcare company posted a fourth-quarter earnings and revenue beat, resulting in a more than 7% gain in its shares.

5. Zillow Group: Shares rose more than 5% premarket after the real-estate marketplace beat analysts’ estimates for earnings and revenues.

6. Kraft Heinz: The food company’s shares declined more than 1% after it posted fourth-quarter revenue that missed expectations.

7. Akamai Technologies: Shares fell 5.4% after the server network provider missed analyst expectations for fourth-quarter revenue.

8. GoDaddy: Despite reporting revenue in line with expectations, the web hosting company’s shares dipped about 2%.

9. SentinelOne: The cybersecurity stock surged 6.2% in premarket trading after an upgrade to buy from Bank of America.

10. Crypto stocks: Stocks tied to the price of bitcoin surged as the cryptocurrency rose to a more than two-year high.

11. Airbnb: The vacation property rental stock slumped 4% even after posting stronger-than-expected revenue and optimistic guidance.

12. Upstart: The online lender saw its shares slide 14% after reporting a fourth-quarter adjusted loss of 11 cents per share.

13. Wingstop: Shares climbed nearly 3% after Bernstein initiated coverage of the restaurant stock at outperform.

14. MGM Resorts International: Shares dipped more than 3% even after the casino operator beat fourth-quarter expectations.

15. Topgolf Callaway Brands: Shares slid more than 3% after the golf company issued first-quarter revenue guidance that missed expectations.

16. Ecolab: Shares of the food safety company slid 1.6% after being downgraded to neutral from overweight by JPMorgan.

It’s a whirlwind of activity in the pre-market, with some companies seeing significant gains, while others face challenges. Keep an eye on these movers as the trading day unfolds!

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