Today's Pre-Market Stock Movers and Top Ratings: DELL, LULU, VALE, VMW and More

(MongoDB advanced 5% after topping Wall Street expectations in its latest quarter. The database software maker posted adjusted earnings of 93 cents per share on revenue totaling $423.8 million for the second quarter. Those results topped expectations of 46 cents earnings per share and $393 million in revenue, according to a consensus estimate from Refinitiv.)

(Shares added 2.3% in premarket trading after the athletic apparel retailer reported an earnings beat. Earnings per share for its second fiscal quarter came in at $2.68, topping the Refinitiv consensus estimate of $2.54. Revenue was $2.21 billion, versus the $2.17 expected. Lululemon also upped its guidance for the year.)

(The drugstore chain rose by 0.4% in early trading. Walgreens said Friday that Roz Brewer had stepped down as the company’s chief executive and left the board.)

(The metals and mining stock rose nearly 2% after JP Morgan upgraded Vale to overweight from neutral, saying that shares look too cheap to ignore after recent pullback, valuation reset.)

Gapping down

(The cloud services company slid 1.9% before the bell. VMware gave a mixed second-quarter report on Thursday, beating expectations for earnings per share while missing on revenue. The company also said it entered a definitive agreement to be acquired from Broadcom.)

(Shares of the chipmaker fell 4% despite Broadcom’s fiscal third-quarter results beating expectations. The semiconductor company generated $10.54 in adjusted earnings per share on $8.88 billion of revenue. Analysts surveyed by Refinitiv were expecting $10.42 per share on $8.86 billion of revenue. Fourth-quarter revenue guidance of $9.27 billion was roughly in line with estimates.)

Source: CNBC