Shares of Tesla and GM, along with DocuSign and Braze are moving higher in premarket trading on Friday. Planet Labs is headed the other way.
Tesla Inc. TSLA and General Motors Co. GM sharerose 4.5% and 3.5%, respectively in premarket trading after the automakers said owners of GM’s electric vehicles will have access to Tesla’s fast-charging network in North America starting next year.Tesla Inc. TSLA and General Motors Co. GM sharerose 4.5% and 3.5%, respectively in premarket trading after the automakers said owners of GM’s electric vehicles will have access to Tesla’s fast-charging network in North America starting next year.
DocuSign Inc. shares DOCU rose 8%. The stock rallied as much as 14% in the extended session Thursday, but much of that got walked back after executives warned of smaller deal sizes and expansion rates as the e-signature company’s quarter and outlook surpassed Wall Street expectations. Braze Inc. BRZE stock rose 9% in premarket trading after the cloud-based software group posted 40% revenue growth in the fourth quarter, beating analysts’ expectations. Braze also guided for further revenue growth in the first quarter and fiscal 2024.
Shares of Mission Produce Inc. AVO rose 2.2% in after hours on Thursday after the avocado grower reported fiscal second-quarter results that beat estimates. Duckhorn Portfolio Inc. NAPA shares rose 6% after hours on Thursday after the high-end wine maker offered a slightly more upbeat full-year outlook, following what the company said was “resilience” among wine enthusiasts that helped third-quarter results despite stubborn inflation.Shares of Planet Labs PBC PL dropped more than 16% in premarket trading after the Earth-imaging company reported a narrower quarterly loss, but called for lower-than-expected revenue for its fiscal 2024.
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