Today's Best-Moving Stocks Include Target, Zoom Video, Norwegian, Dish, Chevron, And More

It was a positive day for stock futures on Tuesday, February's last trading day after Wall Street had made solid gains the day before, following a good week for stocks.

‍

Tuesday was a key day for these stocks:

‍

Target (ticker: TGT) 

During premarket trading, the retailer's stock rose 1.9% after it announced fiscal fourth-quarter earnings and sales that beat Wall Street estimates, overshadowing a disappointing outlook for the current fiscal year that was cited as the cause of the rise.

‍

Olaplex Holdings (OLPX) 

After the luxury hair care company posted a revenue outlook that did not meet analysts' expectations, the stock dropped 15%.

‍

Hims & Hers Health (HIMS)

A 10% gain was recorded after fourth-quarter revenue increased by nearly double to $167.2 million at the telehealth company and subscribers topped 1 million for the first time. In addition, the company raised its revenue forecasts for the fiscal first quarter and for the full fiscal year above analysts' expectations.

‍

Zoom Video Communications ZM –0.28%  (ZM) 

After the company reported better-than-expected fourth-quarter adjusted earnings, the stock was up 6.6% after the report. A mixed outlook was provided by the videoconferencing company for the fiscal first quarter of 2018 and the fiscal year 2024, with slower revenue growth than Wall Street expected but better profitability than expected.

‍

Norwegian Cruise Line Holdings 

Shares of the cruise operator fell 6% after the company missed Wall Street earnings estimates for the first quarter and full year.

‍

Dish Network (DISH) 

As a result of the downgrade, the stock fell by 5% after a BofA Securities analyst downgraded it from Buy to Underperform.

‍

Advance Auto Parts  (AAP) 

Retailer of automotive products posted a 4.4% gain after beating estimates for its fourth-quarter adjusted earnings.

‍

Workday WDAY +0.98%  (WDAY) 

In premarket trading, the stock of this provider of financial and human resource management software to large companies fell 2.8% after its fiscal fourth-quarter adjusted earnings were better than expected, but the company maintained a conservative outlook for fiscal 2024.

‍

Chevron CVX +0.25%  (CVX) 

Stocks rose 1.3% after the company raised its guidance on stock buybacks to $10 billion to $20 billion a year. At $60 a barrel of Brent crude, the energy giant also predicted that free cash flow would increase by more than 10% annually.