An exterior view of the Advance Auto Parts store at the Sunbury Plaza, Sunbury, Pennsylvania.<\/p>\n
Paul Weaver | SOPA Images | Lightrocket | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n
Check out the companies making headlines in premarket trading.<\/em><\/p>\n SoFi<\/a><\/span><\/span><\/span> \u2014 The financial services platform added nearly 7%. A deal to raise the U.S. debt ceiling on track for a vote on Wednesday would resume student loan payments.<\/p>\n Carvana<\/a><\/span><\/span><\/span> \u2014 Shares fell nearly 4% in premarket trading. Carvana stock has been on fire so far this year with a 189% gain from the start of 2023.<\/p>\n Anheuser-Busch<\/a><\/span><\/span><\/span> \u2014 The beer giant declined 1.7%. Lower sales volume across the company’s portfolio of products underpinned the decline, with Bud Light leading the charge with a 25.7% fall for the week ending May 20, according to Evercore.<\/p>\n Hewlett Packard Enterprise<\/a><\/span><\/span><\/span> \u2014 Hewlett Packard Enterprise fell nearly 8% on the back of mixed quarterly numbers. The company earned an adjusted 52 cents per share, beating a Refinitiv forecast of 48 cents per share. However, revenue of $6.97 billion was below a consensus estimate of $7.31 billion.<\/p>\n Twilio<\/a><\/span><\/span><\/span> \u2014 Shares gained 3.6% after a report<\/a> that Legion Partners is looking to make changes to the automated communications company’s board, as well as divestitures.<\/p>\n Ambarella<\/a><\/span><\/span><\/span> \u2014 The chip stock shed 18% after Ambarella shared disappointing guidance for the second quarter. Ambarella expects second-quarter revenue between $60 million and $64 million. Analysts expected guidance around $66.9 million, according to StreetAccount.<\/p>\n Advance Auto Parts<\/a><\/span><\/span><\/span> \u2014 The car parts retailer plummeted more than 25% after a wide earnings miss. The company reported an adjusted 72 cents per share against a Refinitiv consensus forecast of $2.57 per share. Advance Auto Parts also slashed its quarterly dividend.<\/p>\n