Pre-Market Money Movers

by @tabber

NOV 9, 2026

Scorecard: 5/5 — Friday's calls all held into the close

Friday's calls went 5/5. NET (+9.9%), ABNB (+11.7%) and IREN (+20.0%) all held their green premarket reads, IREN beating its print, while DKNG (-21.3%) and TEAM (-16.2%) both deepened past theirs.

Scorecard
In this brief: 5 sections 2 min read
    • Opened $286.97, the day high, then faded to a $265.00 low; closed $268.75, +9.9% vs $244.51 on ~9.4M shares.
    • Q3 revenue rose 39% YoY to $782.5M with guidance raised to $2.96B for the year.
    • The beat held green, but the stock gave back a third of its premarket pop.
    • Premarket snapshot $17.44 (-25.9%) at 9:29am; opened $17.34 and touched a $16.55 low.
    • Recovered toward the $18.79 high; closed $18.51, -21.3% vs $23.52 on ~69.9M shares.
    • The $650-700M Predictions spend and slashed EBITDA guide drove the selloff.
    • Opened $154.92, touched a $165.32 high, then slid to a $151.50 low; closed $153.68, -16.2% vs $183.29 on ~7.5M shares.
    • Revenue beat on both lines, but subscription ARR growth slowing to ~18.5% by fiscal year-end sank the stock.
    • Worst day in the tape's recent record despite 31% cloud growth.
    • Opened ~$191.15, traded $184.05–$192.50; closed $189.99, +11.7% vs $170.13 on ~12.7M shares.
    • Q3 revenue grew 19% YoY to $4.87B, the fastest in over three years, plus a new $12B buyback.
    • Closed about 1.8% below the 52-week high of $193.45.
    • Opened $21.15, traded $20.18–$22.46; closed $21.64, +20.0% vs $18.03 on ~112M shares.
    • AI Cloud revenue nearly tripled sequentially to $200M at an 86% gross margin; backlog grew 22% to $20.3B.
    • The $4B contracted ARR target slipping to early 2027 didn't dent the rally.
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