Premarket Movers | Expedia Soars 16%; Affirm Surges 13%; Sandisk Pops 11%; Peloton Jumps 8%; IREN Gains 5%

Online travel platform Expedia boosted its forecast for 2025 revenue growth, after beating Wall Street estimates for third-quarter profit, helped by strong demand from its business clients, sending its shares up 16.1%.

Affirm shares advanced 12.7% after upwardly revising its guidance for fiscal-year 2026 gross merchandise volume after delivering a double-beat on Q1 earnings and revenue.

Sandisk shares jumped 11.2% after the memory maker said first-quarter results and guidance were well above Wall Street's forecast.

Peloton shares jumped 7.6% after it shared a stronger-than-anticipated holiday quarter forecast, as it aims to reposition itself as a holistic wellness brand and regain profitability after its first hardware revamp in years.

IREN stock climbed 5.3% after the data center operator and bitcoin miner recorded stronger-than-expected Q1 FY26 revenue, with BTC mining and artificial intelligence both contributing.

Airbnb shares rose 4.9% after the company reported third-quarter results that beat analysts’ estimates for revenue and offered rosy guidance.

Monster Beverage shares gained 4% after third-quarter results topped expectations, helped by strong global demand for its expanding portfolio of energy drinks.

Trade Desk reported third-quarter earnings that exceeded analyst expectations, with revenue climbing 18% YoY to $739 million, surpassing the consensus estimate of $719.55 million. The advertising technology company delivered adjusted earnings per share of $0.45, significantly beating the analyst estimate of $0.20. The shares rose 2.5%.