Premarket Stock Movements: Goldman Sachs, Best Buy, and More
Stocks making the biggest moves premarket: Goldman Sachs, Best Buy, Fastenal & more
Cnbc
Image: Cnbc
In premarket trading, Goldman Sachs shares fell over 2% despite strong earnings, while Best Buy was downgraded, causing a 4% drop. Williams-Sonoma gained over 2% after an upgrade. Energy stocks rose as oil prices climbed, while cruise lines and airlines faced declines due to rising costs and demand fears.
- 01Goldman Sachs reported strong earnings but saw a stock decline of over 2%.
- 02Best Buy's downgrade led to a 4% drop in shares.
- 03Williams-Sonoma shares rose over 2% following an upgrade to 'buy'.
- 04Energy stocks increased as oil prices surpassed $103 per barrel.
- 05Cruise lines and airline stocks fell due to rising costs and demand concerns.
Advertisement
In-Article Ad
In premarket trading, Goldman Sachs shares fell by more than 2% despite reporting earnings of $17.55 per share and revenues of $17.23 billion, surpassing analyst expectations. The bank's strong performance in equities trading and investment banking was not enough to prevent the decline. Best Buy experienced a 4% drop after being downgraded to 'sell' by Goldman Sachs, with analysts citing potential risks to sales from rising memory costs. Conversely, Williams-Sonoma saw its shares rise over 2% after receiving an upgrade to 'buy', with analysts praising its strong brand portfolio. Energy stocks also gained momentum as oil prices climbed above $103 per barrel, benefiting companies like Targa Resources and Chevron. However, cruise lines and airline stocks faced declines due to rising input costs and concerns over demand, with Carnival and United Airlines dropping by 4% and 2.5%, respectively. Palantir's shares rebounded by more than 2% after a significant sell-off the previous week.
Advertisement
In-Article Ad
Advertisement
In-Article Ad
Reader Poll
How do you feel about the current stock market trends?
Connecting to poll...
More about Goldman Sachs

Fortaleza del dólar y aumento de precios energéticos: Análisis de Goldman Sachs
Investing • Apr 13, 2026

Renforcement du dollar anticipé par Goldman Sachs avec la hausse des prix de l'énergie
Investing French • Apr 13, 2026
Goldman Sachs Reports 19% Profit Increase Driven by Trading and M&A Activity
Yahoo! News • Apr 13, 2026
Read the original article
Visit the source for the complete story.


