Investing.com -- US stock futures traded higher Thursday, bouncing back after breaking a winning streak the previous session.
Here are some of the biggest premarket US stock movers today
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Micron (NASDAQ:MU) stock rose 16% after the chipmaker unveiled current-quarter guidance that was far above analysts' expectations thanks to soaring demand for its memory chips used in artificial intelligence applications.
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Aramark (NYSE:ARMK) stock rose 5.5% following a Bloomberg report that French rival Sodexo (EPA:EXHO) was considering a takeover of the food catering firm.
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Concentrix (NASDAQ:CNXC) stock fell 11% after the business process outsourcing company offered up weak quarterly earnings and guidance.
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HB Fuller (NYSE:FUL) stock fell 10% after the adhesives manufacturer reported third quarter earnings that fell short of analyst expectations and lowered its full-year guidance.
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Accenture (NYSE:ACN) stock rose 4.3% after the professional services company beat quarterly earnings and revenue expectations, even as it forecast annual revenue below Wall Street estimates.
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CarMax (NYSE:KMX) stock fell 7% after the used-car retailer’s solid second-quarter sales were not enough to offset pressure on its car-loan business.
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Southwest Airlines (NYSE:LUV) stock rose 4.7% after the carrier raised its revenue-per-capacity guidance for the current quarter and announced a new $2.5 billion stock repurchase program.
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GE HealthCare (NASDAQ:GEHC) stock fell 1.6% after UBS downgraded its stance on the medical technology company to “sell” from “neutral”, saying its valuation is hard to justify given its lower growth outlook.
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Sonos (NASDAQ:SONO) stock fell 6.3% after Morgan Stanley (NYSE:MS) downgraded its stance on the audio equipment manufacturer to “underweight” from “overweight”, saying the impact of the company's app redesign is likely greater than the market currently perceives.