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Zscaler, CrowdStrike, Acelyrin, iRobot, and More Stock Market Movers


Stock futures pointed to a weaker open Tuesday after equities closed lower Monday, pausing Wall Street’s rally in November.

These stocks were poised to make moves Tuesday: 

Zscaler reported fiscal first-quarter adjusted earnings, revenue, and calculated billings that beat analysts’ expectations and the cybersecurity company issued a forecast…

Stock futures pointed to a weaker open Tuesday after equities closed lower Monday, pausing Wall Street’s rally in November.

These stocks were poised to make moves Tuesday: 

Zscaler

reported fiscal first-quarter adjusted earnings, revenue, and calculated billings that beat analysts’ expectations and the cybersecurity company issued a forecast for the second quarter that also topped estimates.

Zscaler

shares, however, were falling 6.1% in premarket trading as the company maintained its fiscal-year forecast for calculated billings at $2.52 billion to $2.56 billion versus estimates of $2.54 billion. Competitor

CrowdStrike Holdings
,

which is scheduled to report earnings after the closing bell Tuesday, was down 1.4%.

Earnings reports are also expected Tuesday from

Intuit
,

Workday
,

Splunk
,

Hewlett Packard Enterprise
,

NetApp
,

and

PDD Holdings.

Acelyrin

disclosed there was a programming error in a drug trial of izokibep, a treatment for psoriatic arthritis.

Acelyrin

said the protocol was programmed incorrectly by a vendor, “resulting in a sequencing error that went further unidentified through the providers’ testing processes.” The company said it has addressed the programming error. Shares of the biopharmaceutical company fell 8.2% in after-hours trading Monday.

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iRobot

was rising 1.5% in premarket trading after tumbling 17% on Monday following a “statement of objections” from the European Commission to the Roomba vacuum cleaner company’s pending deal to be acquired by

Amazon.com
.

The EC said it was concerned the acquisition could restrict competition in the European market for robotic vacuum cleaners.

Write to Joe Woelfel at joseph.woelfel@barrons.com 



Read More: Zscaler, CrowdStrike, Acelyrin, iRobot, and More Stock Market Movers

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