U.S. stock futures were broadly unchanged Tuesday, as market participants processed an extensive batch of corporate earnings alongside key retail sales economic data. Individual equities showed marked divergence in premarket trading as investors parsed quarterly results and company guidance.
Notable decliners
Coca-Cola (NYSE:KO) fell 3.8% after reporting that fourth-quarter revenues increased 2%, a pace that missed consensus expectations. The company said weaker pricing offset an uptick in volumes.
Harley-Davidson (NYSE:HOG) plunged 12% following a wider fourth-quarter loss, which the company said was driven in part by a pullback in consumer spending on recreational vehicles.
Under Armour (NYSE:UAA) slid 5.7% after Citi moved the sports apparel retailer to a 'sell' rating from 'neutral', citing mounting pressure on the company’s North America turnaround and a view that risks are skewed to the downside.
ON Semiconductor (NASDAQ:ON) dropped 4.8% after reporting disappointing fourth-quarter revenue, which the company attributed to an ongoing inventory glut.
Upwork (NASDAQ:UPWK) tumbled 23% as the freelance marketplace's first-quarter outlook fell short of expectations, overshadowing a better-than-expected fourth quarter.
Goodyear Tire (NASDAQ:GT) slid 10% after the tire maker warned that global unit volumes are expected to be down in the first quarter, a factor weighing on the profit outlook for the year.
Amentum (NYSE:AMTM) dropped 9.3% when first-quarter revenue missed the average analyst estimate, with the company pointing to pressures from contract transitions, divestitures and the government shutdown.
Ichor (NASDAQ:ICHR) declined 15% despite reporting better-than-expected fourth-quarter results and forecasting solid first-quarter earnings.
Stocks trading higher
Spotify (NYSE:SPOT) jumped 10% after the audio-streaming company forecast first-quarter earnings above expectations and said it continued to attract new users even after implementing price increases.
Ferrari (NYSE:RACE) climbed 7.4% following an upbeat annual earnings outlook from the sports car maker.
DuPont De Nemours (NYSE:DD) rose 2% after projecting full-year adjusted profit above expectations, supported by higher sales in its healthcare segment and restructuring efforts.
Marriott International (NASDAQ:MAR) gained 1.5% after forecasting 2026 profit in line with expectations amid uneven travel demand in the U.S. and broader economic uncertainty.
Hasbro (NASDAQ:HAS) added 1.9% as the toy maker reported fourth-quarter earnings and revenue above expectations; CEO Chris Cocks was quoted as saying the company expects momentum to carry into 2026.
Credo Technology (NASDAQ:CRDO) rose 17% after preliminary third-quarter revenue came in much stronger than expected.
CVS Health (NYSE:CVS) fell 2.9% despite reporting fourth-quarter results that beat analyst expectations; the healthcare giant lowered its cash flow guidance.
The premarket movers covered a wide set of industries - consumer staples, leisure and tourism, automotive and components, semiconductors, chemicals and healthcare - underscoring the breadth of earnings-driven stock price action ahead of the regular session.
Investors appeared to be weighing company-specific operational developments, such as inventory dynamics at ON Semiconductor and contract transitions at Amentum, against broader demand signals highlighted in consumer-facing results and guidance.
Summaries of the individual company moves above reflect the premarket trading reactions to those companies' latest reported figures, outlooks and analyst actions.