Premarket movers: Deere jumps following upbeat Q3, Wolfspeed plunges

Deere shares jumped 5.1% after reporting fiscal Q3 earnings of $5.10 EPS and $11B sales, beating estimates.

Potential further premarket rally; watch for follow‑on buying.

Beat on both EPS and revenue, sizable move, and guidance implied.

Wolfspeed fell 10.5% as it posted a Q4 loss of $2.26 per share versus $0.52 expected and revenue $149.6M versus $223.5M consensus.

Further downside expected in intraday trading.

Large miss on both earnings and revenue, reinforced by analyst hold rating.

CrowdStrike shares fell 2.8% after its CTO announced departure to start an AI‑focused cybersecurity fund.

Modest further decline possible.

CTO exit may affect product roadmap perception.

Advance Auto Parts stock plunged 15.9% after Q2 results showed adjusted EPS of $1.03, boosted by $0.31 tariff refunds, implying core earnings of $0.72.

Potential continued sell‑off.

One‑time items masked underlying weakness.

Etsy rose 3.9% after BofA upgraded it to Buy and raised the price target to $105, citing strong mobile sales and growth pillars.

Likely modest upside in the near term.

Analyst endorsement supports momentum.

Ultragenyx surged 11.1% after FDA granted accelerated approval to its gene therapy DTX401 for glycogen storage disease type Ia.

Further upside expected as market prices in the approval.

First gene‑therapy approval and priority review voucher add material value.

Moderna fell 13% in pre‑market trading after a sharp rally the prior day, following its Phase 3 cancer‑vaccine trial results with Merck.

Potential continued pull‑back.

No fresh catalyst, just reversal of earlier gains.