Top Stock Movers Tuesday: CRDO +15%, ON -7%, UPWK -24%

Stock futures edged higher during Tuesday’s premarket session as traders anticipate important retail sales data later in the day.

The following represent some of the day’s most significant stock movements:

Biggest Gainers

• Credo Technology (CRDO) +15% – Shares climbed after the company lifted its fiscal Q3 revenue guidance to $404 million–$408 million, exceeding prior estimates.
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Biggest Losers

• Upwork (UPWK) -24% – The stock dropped sharply following mixed fourth-quarter results and weaker-than-expected forward guidance.
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• ON Semiconductor (ON) -7% – Shares declined after the company released disappointing guidance that failed to meet investor expectations.
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