Pre-Open Stock Movers

Roku (NASDAQ: ROKU) 27.9% LOWER; reported Q4 EPS of $0.17, $0.10 better than the analyst estimate of $0.07. Revenue for the quarter came in at $865.3 million versus the consensus estimate of $896.54 million. Sees Q1 revenue of $720 million vs consensus of $748.5 million.

Redfin (NASDAQ: RDFN) 24% LOWER; reported Q4 EPS of ($0.27), $0.04 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $643.1 million versus the consensus estimate of $598.27 million. Redfin sees Q1 2022 revenue of $535-560 million, versus the consensus of $524.6 million.

DraftKings (NASDAQ: DKNG) 15.8% LOWER; reported Q4 revenue of $473 million versus the consensus estimate of $445.3 million. DraftKings sees FY2022 revenue of $1.85-2.00 billion, versus the consensus of $1.9 billion. The Company expects its Adjusted EBITDA loss in 2022 to be between $825 million and $925 million.

Appian Corporation (NASDAQ: APPN) 13.6% HIGHER; reported Q4 EPS of ($0.16), $0.07 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $104.99 million versus the consensus estimate of $95.31 million. Appian Corporation sees FY2022 EPS of ($0.83)-($0.80), versus the consensus of ($0.85). Appian Corporation sees FY2022 revenue of $444-446 million, versus the consensus of $424 million.

Pilgrim's Pride (NASDAQ: PPC) 12.5% LOWER; JBS withdrew its proposal to acquire the remaining shares of the company. JBS said it was unable to agree on terms with Pilgrim's Pride.

Cognex Corp (NASDAQ: CGNX) 10.3% HIGHER; reported Q4 EPS of $0.30, $0.05 better than the analyst estimate of $0.25. Revenue for the quarter came in at $244.07 million versus the consensus estimate of $226.82 million. Cognex Corp sees Q1 2022 revenue of $265-285 million, versus the consensus of $250 million.

Shake Shack (NYSE: SHAK) 10% LOWER; reported Q4 EPS of ($0.11), $0.07 better than the analyst estimate of ($0.18). Revenue for the quarter came in at $203.3 million versus the consensus estimate of $202.54 million. Shake Shack sees Q1 2022 revenue of $195-201.4 million, versus the consensus of $210.87 million.

Shockwave Medical (NASDAQ: SWAV) 8.9% HIGHER; reported Q4 EPS of $0.34, $0.26 better than the analyst estimate of $0.08. Revenue for the quarter came in at $84.2 million versus the consensus estimate of $75.43 million. Shockwave Medical sees FY2022 revenue of $405-425 million, versus the consensus of $386.73 million.

Dropbox (NASDAQ: DBX) 5% HIGHER; reported Q4 EPS of $0.41, $0.04 better than the analyst estimate of $0.37. Revenue for the quarter came in at $5.66 billion versus the consensus estimate of $558.16 million. For the first quarter, they expect revenue to be in the range of $557 million to $560 million, versus the consensus of $562.09 million. For the full year, they expect revenue to be in the range of $2.320 billion to $2.330 billion, versus the consensus of $2.36 billion.