Abercrombie & Fitch raised its full-year sales forecast ​on Wednesday, as demand for ‌its apparel brands remained resilient despite weakness in international markets. Shares of the ​New Albany, Ohio-based retailer soared 29.7%.

Semtech shares rose 12.6% in morning trading as the semiconductor company reported second-quarter results and guidance that topped estimates.

JM Smucker shares gained 5.7% after the packaged foods company delivered stronger-than-expected first-quarter earnings and revenue and raised its full-year profit guidance.

US-listed SAP shares fell 2.3% in morning trading, as UBS downgraded the stock to neutral from buy and even as it raised its price target to 201 euros from 164 euros.

Intuit forecast annual revenue below Wall Street expectations, as the TurboTax maker said ​its push for customer growth and market-share gains would weigh on ‌near-term sales. Shares of the company were down 3.3% in morning trading.

Zoom forecast third-quarter profit below Wall Street expectations, ​signaling stiff competition was squeezing the ‌video-conferencing company even as it ramps up AI features on its services. Shares of the ​San Jose, California-based company fell 5% in morning trading.

Kohl's missed Wall Street estimates for ​second-quarter sales on Wednesday, as cautious consumer ‌spending on discretionary items offset gains from the high-end department chain's turnaround push, sending its shares down 7.6%.

Dycom shares fell 8% in morning trading. The company said about $150 million in wireless program revenue had been deferred into fiscal 2028, although the overall scope of the programs was unchanged.