Stocks Surge and Slump in Premarket Trading

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Several major stocks saw significant price movements in premarket trading on Friday, including semiconductor maker AMD rising over 11% after a deal with Meta, home improvement retailer Home Depot gaining 2.7% on strong earnings, and online health platform Hims & Hers Health dropping nearly 7% on disappointing guidance. Other notable movers included oil and gas company Diamondback Energy, electronics test solutions provider Keysight Technologies, and appliance maker Whirlpool.

Why it matters

Premarket trading activity can provide early insights into how the broader market may perform once regular trading hours begin. These large price swings in prominent companies can signal potential trends and influence investor sentiment throughout the trading day.

The details

Advanced Micro Devices (AMD) saw an 11% premarket jump after announcing a multiyear deal to provide graphics processing units to Meta's AI data centers. Home Depot gained 2.7% on better-than-expected Q4 earnings, while Hims & Hers Health dropped nearly 7% due to weak Q1 guidance. Diamondback Energy fell 3% despite posting Q4 results, and Keysight Technologies rallied 15% on strong Q1 earnings and revenue. Whirlpool declined 8.6% after announcing a common stock offering to pay down debt.

• The premarket trading activity was reported on Friday, February 24, 2026.