HP, Snap, PVH And Some Other Big Stocks Moving Lower In Today's Pre-Market Session

• Bed Bath & Beyond Inc. BBBY fell 17.7% to $9.97 in pre-market trading after the company filed stock shelf.
• Forge Global Holdings, Inc. FRGE fell 11.4% to $3.69 in pre-market trading after jumping more than 20% on Tuesday.
• Chewy, Inc. CHWY fell 11.1% to $33.25 in pre-market trading after the company reported worse-than-expected Q2 sales results.
• Westrock Coffee Company, LLC WEST dropped 7% to $11.39 in pre-market trading after gaining 6% on Tuesday.
• Borr Drilling Limited BORR fell 6.4% to $3.78 in pre-market trading after dropping over 6% on Tuesday.
• Snap Inc. SNAP fell 5.5% to $9.46 in pre-market trading. Snap, the parent company of the social media app Snapchat, plans to lay off around 20% of its workforce, The Verge reported on Tuesday.
• HP Inc. HPQ fell 5.5% to $29.38 in pre-market trading after the company reported weaker-than-expected sales results for its third quarter and lowered its full-year earnings guidance.
• PVH Corp PVH shares fell 4.4% to $60.06 in pre-market trading as the company reported a decline in Q2 earnings, announced job cuts and issued weak outlook. The company said it now sees revenue dropping this year, versus a prior forecast projection for a gain. PVH also announced the resignation of Trish Donnelly, CEO of PVH Americas & Calvin Klein Global.
• BP p.l.c. BP fell 3.5% to $30.32 in pre-market trading after declining 3% on Tuesday.

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