Stitch Fix, Dave & Buster’s, Netflix rose premarket; Campbell Soup fell

Investing.com — Stocks in focus in premarket trade on Wednesday, June 7th. Please refresh for updates.

• Stitch Fix (NASDAQ:) stock rose 7.5% the day after the online personal styling company reported better-than-expected , helped by delivering efficiencies across the business.

• Campbell Soup (NYSE:) stock fell 1.9% after the packaged food giant beat quarterly profit estimates on the back of price hikes, but only maintained its annual forecasts suggesting ongoing caution.

• Dave & Buster’s Entertainment (NASDAQ:) stock rose 3% after the restaurant chain’s topped expectations, announcing further global expansion with plans to open 20 locations in India and Australia.

• Coinbase (NASDAQ:) stock rose 3.3%, helped by Cathie Wood’s Ark Invest increasing its stake in the even after the SEC sued the firm over operating an unlicensed exchange.

• Netflix (NASDAQ:) stock rose 3.1% after JPMorgan lifted its price target on the streaming giant to $470, offering 18% upside while maintaining an ‘overweight’ rating, saying its password sharing crackdown can drive revenue growth.

• Palantir Technologies (NYSE:) stock rose 2.8% after the data analytics firm signed a multi-year deal with Panasonic Energy of North America to deliver operations for its facility in Nevada.

• Yext (NYSE:) stock soared 17.7% after the online marketing company reported strong . Roth/MKM upgraded its stance to ‘buy’ from ‘neutral’, saying it is encouraged by management’s focus on sales execution and profitable growth.