Accenture, PDD and Darden Restuarants fall preamarket; Five Below gains

Published 20-03-2025, 06:16 pm
© Reuters

Investing.com -- US stock futures slipped lower Thursday, handing back some of the previous session’s gains in the wake of the Federal Reserve’s latest policy-setting meeting.

Here are some of the biggest premarket US stock movers today:

  • Accenture (NYSE:ACN) stock fell 4.2% despite the professional services company raising the lower end of its annual revenue forecast, betting on growing demand for its services to help clients integrate AI-powered tools into their operations.

  • PDD Holdings (NASDAQ:PDD) stock fell 4.1% after the Chinese e-commerce giant reported disappointing fourth-quarter revenue expectations, as demand remained weak despite deep discounts and government stimulus to boost spending.

  • Five Below (NASDAQ:FIVE) stock soared 8.9% after the discount store company reported better-than-expected fourth-quarter results and forecast a strong current quarter.

  • Darden Restaurants (NYSE:DRI) stock fell 1.2% after the restaurant operator reported third-quarter fiscal 2025 results that fell short of analyst expectations.

  • Jabil Circuit (NYSE:JBL) stock soared 7.5% after the electronics components maker hiked its net revenue guidance for the full year and reported second-quarter results ahead of estimates.

  • Tesla (NASDAQ:TSLA) stock fell 0.8% after the EV manufacturer is recalling 46,096 Cybertruck vehicles in the U.S.- nearly all Cybertrucks made up to February - to fix an exterior panel that could detach while driving, adding to a series of call-backs for the pickup truck since last year.

  • Freeport-McMoran Copper & Gold (NYSE:FCX) stock rose 1.4% after JPMorgan (NYSE:JPM) upgraded its stance on the copper producer to ‘overweight’ from ‘neutral’, saying President Donald Trump’s contentious tariff policy can benefit the company.

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