Premarket Movers | Figma Soars 16%; DoorDash Surges 14%; eBay Jumps 7%; Occidental Gains 4%; Carvana Sinks 16%

Tiger Newspress
2 hours ago

Figma forecast annual revenue above Wall Street expectations, as the design software maker anticipates robust demand and bets on its efforts to expand its user base, sending its shares up 16% in premarket trading.

Food delivery company DoorDash forecast first-quarter marketplace gross order value above Wall Street estimates, buoyed by steady demand and aggressive expansion across grocery, retail and international markets. Shares of the company jumped 13.9% in premarket trading.

eBay forecast first-quarter revenue above Wall Street estimates and announced the acquisition of fashion marketplace Depop from Etsy for nearly $1.2 billion, sending its shares up 6.5% in premarket trading.

Occidental beat Wall Street expectations for fourth-quarter profit, as strength in its midstream unit helped the U.S. shale producer offset weaker crude oil prices. Shares of the company rose 3.5% in premarket trading.

Online used-car retailer Carvana missed Wall Street estimates for fourth-quarter profit on higher costs, sending the company's shares tumbling 16.1% in premarket trading.

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