Premarket Movers | CAVA Group, AMC Rise 7% Each; Optical Stocks Jump with POET Technologies up over 4%, Applied Optoelectronics up over 3%

Tiger Newspress
05/20

CAVA Group rose 7% in pre-market trading, trading at $83.8 per share. The surge was driven by the company's first-quarter earnings report, which significantly exceeded Wall Street expectations on both top and bottom lines.

Specifically, CAVA reported Q1 earnings per share of $0.20, beating the analyst consensus estimate of $0.17 by 17.65%. Quarterly revenue reached $438.3 million, representing approximately 32% year-over-year growth from $331.8 million and substantially exceeding the consensus estimate of $418.5 million. Same-store sales grew 9.7%, supported by notable traffic increases. Based on this strong performance, the company raised its full-year fiscal guidance.

AMC Entertainment shares rose 7% in premarket trading amid fresh insider buying.

AMC CEO Adam Aron disclosed the purchase of 250,000 shares of AMC stock in a Form 4 filing released after the market close on Tuesday.

Aron purchased the shares in multiple transactions on Tuesday at an average price of approximately $1.38 per share. The AMC CEO now owns a total of approximately 2.44 million shares of AMC stock.

Optical communication stocks jumped in premarket trading. POET Technologies up over 4%; Applied Optoelectronics up over 3%.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10