Stock futures pointed to a rebound for Wall Street on Wednesday following a selloff in technology shares.
Here are some of the top movers during premarket trading on Wednesday.
1. Match Group MTCH | Up 5.7%
Shares of Match Group (MTCH) - Get Match Group, Inc. Report rose after the parent of the Tinder and Hinge online dating services forecast better-than-expected revenue this quarter as the COVID vaccines are rolled out and businesses reopen.
2. Lyft LYFT | Up 5.7%
Shares of Lyft (LYFT) - Get Lyft Inc Class A Report rose after the ride-hailing company reported 13.5 million active riders between January and March. That was up about 8% compared with the fourth quarter of 2020 and down more than a third from the year-earlier quarter.
The company also reported a narrower-than-expected first-quarter loss as a rebound in ridership continues with economic recovery.
3. Caesars Entertainment CZR | Up 6.8%
Shares of Caesars Entertainment (CZR) - Get Caesars Entertainment Corporation Report jumped after the casino company reported another big loss in the first quarter but outlined a strong rebound in the works in Las Vegas.
4. Hilton HLT | Down 1%
Shares of Hilton (HLT) - Get Hilton Worldwide Holdings Inc (HLT) Report fell after first-quarter earnings and revenue missed analyst expectations. Hilton continued to be hit by pandemic-related travel restrictions, although it said 97% of its hotels had reopened in April.