Stock Gainers
Cardiff Oncology Inc. (CRDF) witnessed a remarkable surge of 32% after the release of encouraging data from two cancer drug trials, specifically for metastatic pancreatic ductal adenocarcinoma and small-cell lung cancer treatment.
MillerKnoll Inc. (MLKN), a renowned furniture maker, experienced a significant boost of 14.1% in its share price following an upward revision of its full-year profit outlook.
Stock Decliners
Morphic Holdings Inc. (MORF) saw a decline of 5% in premarket trading due to Chief Executive Praveen Tipirneni's announcement of taking a medical leave of absence. He is expected to return to his role once he recovers.
Online car platform TrueCar Inc. (TRUE) faced a drop of 4% during late trading on Tuesday due to the announcement of a new Chief Financial Officer.
Despite beating analysts' estimates in terms of net income and revenue, Costco Wholesale Corp. (COST) experienced a decline of 2% in premarket trading. The company's chief financial officer reassured investors that theft has not increased significantly over the past year. However, the company did not raise membership fees as some investors had hoped.
Progress Software Corp. (PRGS) witnessed a slight dip of over 1% in its stock price, despite reporting net income and revenue that exceeded analysts' expectations.
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