Premarket movers: Moderna, Airbnb, Cloudflare, Lam Research, DraftKings
Premarket trading Friday saw major moves in several stocks, with Moderna surging nearly 10% after beating earnings estimates and raising its 2026 revenue growth outlook to 15-25%, while DraftKings tumbled over 20% on a wider-than-expected quarterly loss. Lam Research jumped nearly 11% following a $25 billion stock buyback authorization, and Cloudflare climbed 19% after issuing stronger-than-expected current-quarter guidance. Conversely, Five9 fell over 17% after lowering its full-year earnings guidance, and Atlassian dropped more than 18% on weak data center revenue projections. AI and semiconductor stocks including Micron and AMD recovered from Thursday's selloff, while Airbnb rose 13% on better-than-expected earnings. Axon Enterprise dropped nearly 9% on missed estimates and a new $1.2 billion investment in drone maker Skydio.