Investing.com -- US stock futures rose Thursday, bouncing after the previous session’s sharp selloff in the wake of the Federal Reserve taking a more hawkish stance to interest rate cuts next year.
Here are some of the biggest premarket US stock movers today:
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Micron (NASDAQ:MU) stock slumped 11% after the chipmaker offered up disappointing second-quarter guidance, expecting sales in that quarter to be around $7.9 billion, below consensus of $9 billion.
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Tripadvisor (NASDAQ:TRIP) stock gained 11% after the online travel agency said it would buy Liberty TripAdvisor Holdings (OTC:LTRPA) in a deal valued at about $435 million.
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Darden Restaurants (NYSE:DRI) stock gained 9.3% after the restaurant operator posted fiscal second-quarter results ahead of expectations, with sales rising 6%, while adding upbeat guidance.
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CarMax (NYSE:KMX) stock rose 6.9% after the used car retailer reported third-quarter earnings and revenue that topped analyst expectations, driven by increases in unit sales and strong margins.
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Accenture (NYSE:ACN) stock gained 6.1% after the IT service provider beat estimates for first-quarter revenue, on the back of growing demand for its services to help clients adopt AI-powered tools.
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Lamb Weston (NYSE:LW) stock slumped 20% after the frozen potato snacks maker trimmed its annual profit and sales forecasts, and also named insider Michael Smith to replace its CEO following pressure from activist investor Jana Partners.
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Amazon (NASDAQ:AMZN) stock rose 1.5%, rebounding after falling almost 5% in the previous session, even as workers at seven US facilities chose to strike during the holiday shopping rush, aiming to pressure the retailer into contract talks with their union.
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Dollar Tree (NASDAQ:DLTR) stock rose 1.1% after the discount store announced that interim CEO Michael Creedon would take on the role full-time.