Stocks making the biggest moves in the premarket: Hibbett, Silvergate Capital, Chemours and more [CNBC]
Silvergate Capital Corporation Class A (SI)
Last silvergate capital corporation class a earnings: 4/29 06:25 am
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Source: CNBC
Hibbett (HIBB) – The sporting goods retailer's stock slid 5.7% in the premarket after it missed top and bottom line estimates for its latest quarter. Hibbett was hit by higher expenses which cut into its profit margins, although the company reaffirmed its full-year forecast. Silvergate Capital (SI) – The digital assets bank's shares fell another 2.4% in the premarket, extending yesterday's 11.1% loss. The decline followed the bankruptcy filing by cryptocurrency lender BlockFi. Silvergate's extended losses come despite a statement that it has minimal exposure to BlockFi. Chemours (CC) – Chemours tumbled 6.1% in premarket trading after the chemical maker said its full-year earnings were tracking slightly below the low end of its prior guidance range. Chemours pointed to a significant decline in demand for titanium dioxide, particularly in Europe and Asia. Generac (GNRC) – Generac fell 2.6% in premarket action after Jefferies downgraded the stock to “underperform” from “hold,” cit
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