Stocks making the biggest moves in the premarket: Tiffany, Abercrombie & Fitch, Abbott Labs & more

Stocks making the biggest moves in the premarket: Tiffany, Abercrombie & Fitch, Abbott Labs & more

Take a look at some of the biggest movers in the premarket:Tiffany (TIF) – The luxury goods retailer reported a mixed quarter, with revenue below forecasts, but earnings beating analysts' estimates. Tiffany's results were helped by an improvement in sales in China, and the company said global sales trends are continuing to improve during the current quarter. Comparable-store sales fell 24% from a year ago, compared to the drop of 16.9% expected by analysts polled by FactSet.Abercrombie & Fitch (ANF) – The apparel retailer reported an unexpected quarterly profit, in addition to seeing revenue come in above Wall Street estimates. Abercrombie said, however, that it expects continued material adverse impacts from the Covid-19 pandemic.Burlington Stores (BURL) – The apparel retailer lost 56 cents per share for its latest quarter, compared