Premarket Stock Movements: Biogen, Vertiv, GE HealthCare and Others
Several stocks experienced significant premarket movements due to earnings reports and guidance updates. Biogen rose 0.7% after beating revenue expectations and raising its full-year EPS forecast. Generac jumped 5.5%, driven by better-than-expected second-quarter earnings of $2.91 per share, while GE HealthCare climbed 8% following a beat on adjusted earnings and reaffirmed guidance. On the downside, Vertiv fell 13% despite beating some metrics but missing growth expectations at 17.8%. Procter & Gamble dropped over 3%, as revenue missed forecasts and net income declined year-over-year. CoStar tumbled 15% after falling short on quarterly revenue and issuing a weaker-than-expected current-quarter forecast. Other notable movers included Ford, which surged 6% despite slightly below-expectation automotive revenue due to strong earnings and an upgraded outlook for 2026.
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Topics: earnings EPS beat/miss revenue guidance stock price movement