Movers & Shakers: Silvergate Capital shares tumble amid crypto fallout and Asana stock surges on upbeat guidance

These were some of the biggest movers among U.S. stocks on Thursday:

Stock gainers:

  • Asana Inc.
    ASAN,
    +1.83%

    stock climbed 21% in premarket trading after the project management software provider reported narrower-than-expected fourth-quarter losses and forecast that trend to continue in the first quarter. Shares of Asana have tumbled 60% over the past two months.

  • BJ’s Wholesale Club Inc. stock
    BJ,
    +0.95%

    rose 3.3% after the membership-only warehouse club chain posted better-than-expected earnings for its fiscal fourth quarter. Membership fee income rose 8% and the company had a record 90% tenured member renewal rate, but costs were also higher.

  • Uber Technologies Inc.
    UBER,
    -0.38%

    shares rose 2% in premarket after Bloomberg reported on Wednesday that the ride-hailing food and package delivery company was considering a spinoff of its struggling Uber Freight business. An Uber spokesman did not immediately return a request for comment.

Stock decliners:

Share:

Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

Watch now…

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