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Premarket Movers Wednesday - Zscaler, Urban Outfitters, AMC

Stocks moving in premarket trading Wednesday include Zscaler, Urban Outfitters, AMC Entertainment, Nordstrom and GameStop.

Stock futures rose Wednesday, a day after equities declined and economic data pointed to the unease consumers feel about rising prices. 

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Here are some of the top movers during premarket trading Wednesday.

1. Zscaler ZS | Up 11%

Shares of Zscaler  (ZS)  jumped after BMO Capital Markets analyst upgraded the network-security stock to outperform from market perform, saying in a note to clients on Tuesday night that the company had a pathway for “durable growth.”

Zscaler reported stronger-than-expected adjusted earnings and issued an upbeat full-year outlook amid increased demand for cybersecurity products and services.

2. Urban Outfitters URBN | Up 10%

Shares of Urban Outfitters  (URBN) advanced after the retailer reported a profit for its latest quarter as the shopping landscape continued to normalize.

3. AMC Entertainment AMC | Up 8%

Shares of AMC Entertainment  (AMC)  rose as loyalists of the meme stocks touted the names on social-media platforms. The stock finished regular Tuesday trading up 20%.

JIm Cramer tweeted, "I think the Wall Street Bets people will soon be raising their price targets for AMC and GME to much higher levels!"

4. Nordstrom JWN | Down 6.9%

Shares of Nordstrom  (JWN)  fell even after the department-store operator narrowed its first-quarter loss on better-than-expected sales.

Overall results were hurt by price markdowns designed to reduce excess holiday-season inventory.

5. GameStop GME | Up 9.1%

Shares of GameStop  (GME)  were higher as the favorite of the retail trading crowd gathered steam on social media. The videogame retailer's shares finished regular Tuesday trading up 16%.