Stock futures edged lower Tuesday after Wall Street closed at fresh records.
Here are some of the top movers during premarket trading Tuesday.
1. Illumina ILMN | Up 10.04%
Shares of Illumina (ILMN) - Get Report jumped in premarket trading Tuesday after the biotech company said it expects first-quarter sales to top $1 billion thanks to "record" orders and revenue growth in its gene-sequencing and related businesses.
2. Duck Creek Technologies DCT | Up 2.8%
Duck Creek Tech expects revenue between $250 million to $254.5 million in fiscal 2021, ahead of analysts' estimates of $249.4 million.
For the fiscal third quarter, Duck Creek Tech expects revenue between $62.5 million to $64.5 million, also topping analysts' estimates of $61.7 million.
3. ViacomCBS VIACA | Down 1.07%
Shares of ViacomCBS (VIACA) - Get Report slipped Tuesday in premarket trading after Credit Suisse (CS) - Get Report reportedly sold additional blocks of stocks linked to the unwinding of massive equity positions within Archegos Capital Management that totaled more than $2 billion.
4. Snap SNAP | Up 2.75%
5. Acadia Pharmaceuticals ACAD | Down 2.17%
Shares of Acadia Pharmaceuticals (ACAD) - Get Report dropped Tuesday in premarket trading after the Food and Drug Administration rejected its new drug application for Nuplazid to treat hallucinations and delusions associated with dementia-related psychosis.
The stock fell more than 17% on Monday.