Premarket Movers | DLocal Jumps 7%; Rocket Lab Rises 2%; Micron and SanDisk Fall 4%; Red Cat Drops 5%

Fintech company DLocal Limited predicted solid growth for its business in 2026, ‌forecasting that the value of payments it processes will surge 50% to 60% as it scales up with large merchants across its markets. It plans to buy back $300 million in shares. The shares jumped 7% in premarket trading.

Rocket Lab shares rose 2.2% in premarket trading following the company’s announcement of a $190 million contract for 20 hypersonic test flights and an analyst upgrade.

Micron Technology warned that it will need to spend heavily on production to meet burgeoning demand, overshadowing a generally upbeat forecast from the largest US maker of computer memory chips. The shares dropped 4% in premarket trading. Micron’s peers SanDisk fell 4%; Western Digital and Seagate Technology fell 2%.

.Defense drone manufacturer Red Cat reported fourth quarter results that exceeded revenue expectations but posted a wider-than-expected loss, sending shares down 5.4% in premarket trading.