Alistair Berg
Stock index futures showed little movement on Monday, as investors turned their focus to the key inflation reports slated to come over the week. Here are four stocks to keep an eye on:
Micron Technology (MU) stock rose 5% in premarket trade after the firm raised guidance for its fiscal fourth quarter ending August 28, citing improved DRAM pricing and strong execution. The company now expects revenue of $11.2 billion ± $100 million, up from its prior forecast of $10.7 billion ± $300 million, while non-GAAP EPS is now estimated at $2.85 ± $0.07, up from $2.50 ± $0.15.
monday.com (MNDY) shares fell 17.4% before the opening bell despite second-quarter results beating estimates. For the full year 2025, the company expects total revenue to be between $1.224B and $1.229B (midpoint at 1.227B) versus the prior range of $1.220B to $1.226B.
Class A shares of AMC Entertainment (AMC) rose 10.2% in extended trade after the theater chain reported a significant beat for revenue in its second-quarter earnings report. This was driven by a higher moviegoer pace in the U.S. Business segments grew in double-digit percentages during the quarter. Revenue from admissions, food and beverage, and other sources was ahead of the average analyst estimate.
e.l.f. Beauty (ELF) shares rose 3.7% in premarket trade after Morgan Stanley hiked its rating on the company to Overweight from Equal-weight on its view that consensus estimates on the beauty retailer are too low. Analyst Dara Mohsenian said worries over demand elasticity risk from higher pricing are way overblown, which the firm thinks makes consensus estimates after FQ2 far too low when considering the impact of net pricing above tariff/demand elasticity.