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Stocks Making the Biggest Moves in the Premarket: Beyond Meat, Peloton, Roku & More


Peloton (PTON) – Peloton said it would take a current-quarter hit of $165 million for the recently announced recall of its treadmills, and it also cut its sales and profit forecast for the current fiscal year ending June 30. The fitness equipment maker reported a smaller-than-expected loss for its most recent quarter, as well as beating analysts revenue forecasts. Peloton shares jumped 5.9% in the premarket.
Roku (ROKU) – Roku rallied 8.2% in premarket trading, putting it in a position to end an eight-session losing streak. Roku earned 54 cents per share for the first quarter, compared to consensus forecasts of a 13 cents per share loss. Revenue also beat expectations, and the maker of streaming video devices gave an upbeat forecast as homebound consumers continue to stream more content. ....

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