Workday, Ross Stores, CAVA Group Stand Out in Premarket Trading
Friday, 23 August 2024, 10:36
Workday, Ross Stores, CAVA Group Rise in Premarket Trading
In the latest premarket session, Workday, Ross Stores, and CAVA Group recorded notable gains. This upward trend comes as U.S. stock futures rise, signaling a positive end to the week.
Key Premarket Movers
- Workday: Reported strong quarterly earnings driving investor interest.
- Ross Stores: Sales growth has investors optimistic.
- CAVA Group: New store openings are leading to increased visibility.
On the other hand, Peloton and Uber are trending downward as concerns regarding user growth and profit margins surface.
Market Overview
As we approach the Jackson Hole symposium, the stock market's focus remains on economic indicators and Federal Reserve signals.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.