Today's Pre-Market Movers and Top Ratings | LSCC, KO, AIFF, SHOP and More
Morning Movers
Gapping up
$Lattice Semiconductor (LSCC.US)$ jumped 14% in pre-market trading after reporting Q4 earnings of 15 cents per share, below the analyst estimate of 19 cents. Its revenue of $117.41 million surpassed expectations of $117.09 million.
$Coca-Cola (KO.US)$ shares rose 4.2% in premarket trading after the company exceeded Q4 profit and revenue expectations. Adjusted earnings per share grew 12% to 55 cents, beating the 52-cent estimate, while net revenue rose 6% to $11.5 billion, surpassing expectations of $10.68 billion. The revenue beat marked the largest since mid-2021.
$Firefly Neuroscience (AIFF.US)$ shares surged more than 25% premarket trading after the company announced its acceptance into the NVIDIA Connect program, gaining access to advanced AI tools. The company plans to leverage these resources to develop a proprietary brain foundation model using its FDA-cleared Brain Network Analytics (BNA™) platform, which analyzes Resting EEG and Cognitive EEG (ERP) data.
Gapping down
$Shopify (SHOP.US)$ shares initially fell over 4% on Tuesday premarket tradign after a weak Q1 profit outlook rattled investors. This came despite stronger-than-expected holiday-quarter sales, driven by robust consumer spending and new AI features.
$Marriott International (MAR.US)$ shares fell 3% after reporting Q4 adjusted earnings of $2.45 per share, down from $3.57 a year ago but slightly above FactSet's $2.39 estimate. Revenue rose to $6.43 billion, narrowly beating expectations of $6.4 billion. However, the company's Q1 earnings forecast of $2.20 to $2.26 per share fell short of analysts' $2.37 projection.
$NIO Inc (NIO.US)$ shares declined in premarket trading Tuesday despite a series of positive updates for the electric vehicle maker. Other Chinese EV stocks, including $XPeng (XPEV.US)$, also fell. Meanwhile, competitor BYD reportedly announced plans to integrate self-driving technology into its vehicles.

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