Shares of Kohl’s (NYSE:KSS) have plummeted in pre-market trading after the department store chain reported an unexpected fiscal first quarter loss on weaker than expected revenues.
Software company UiPath (NYSE:PATH) is also seeing a pre-market nosedive after reporting fiscal first quarter results that exceeded estimates but providing disappointing guidance. The company also announced the resignation of CEO Rob Enslin.
Meanwhile, shares of Foot Locker (NYSE:FL) are also likely to see initial strength after the apparel and footwear retailer reported better than expected fiscal first quarter results.
Identity and access management company Okta (NASDAQ:OKTA) may also move to the upside after Evercore ISI upgraded its rating on the company’s stock to Outperform from In-Line.