ChargePoint has grown in premarket

ChargePoint Holdings Inc shares soar more than 15% after the electric car charging infrastructure company raised its outlook for the year as EV penetration into Europe and the US went faster in the second quarter. than expected.

Shares of Chewy Inc tumbled 9.6% after the online pet store reported larger-than-expected quarterly losses and missed expectations for second-quarter revenue and its confirmation the whole year was also disappointing given the strong streak of recent performance.

Five below shares fell 8.4% as the discount retailer fell short of revenue expectations in the second quarter, citing supply chain problems even as its earnings doubled.

Hormel Foods Corporation fell 1.3% after the food maker disappointed its full-year outlook on the back of higher costs.

Lands’ End Inc shares fell 6.5% as the apparel retailer said its margins will decline in the second half of the fiscal year due to supply chain problems.

Didi Global Inc ADR shares tumbled 0.7% after Chinese regulators invited 11 passenger taxi companies, including Didi, to discuss various issues, including the use of unregistered drivers and vehicles.

Shares of Ciena’s Corp rose 5.4% after the telecom equipment supplier’s profit in the third quarter exceeded expectations.

Shares Chase & Co of JPMorgan rose 0.1% after the US banking giant agreed to pay a fine of 25 million euros ($ 30 million) to settle the cases of tax fraud in France.

Facebook shares surged 0.2% despite a record € 225m ($ 266m) fine from the Irish privacy watchdog for unauthorized data sharing between WhatsApp and other Facebok companies. Facebook has pledged to EU antitrust authorities that it will not do so in order to obtain antitrust approval for the acquisition of WhatsApp.

Baxter International Inc shares jumped 1% after the medical company confirmed plans to buy medical device manufacturer Hill-Rom, which is up 3.4% in a $ 10.5 deal billion in cash.