Stocks making the biggest moves premarket: SentinelOne, Lululemon, Dupont and more

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Check out the companies making headlines in early morning trading.

MongoDB — The data developer platform stock surged 27% after the company issued a strong forecast for the second quarter, seeing between $388 million and $392 million in revenue. Analysts forecasted $362 million, per Refinitiv. MongoDB also beat earnings and revenue forecasts for the most recent quarter.

SentinelOne  — Shares fell more than 35% in premarket trading after cybersecurity company missed revenue expectations for the first quarter and cut its full-year revenue guidance. The company reported first-quarter revenue of $133.4 million, below the consensus estimate of $136.6 million from FactSet. It sees just $141 million in revenue for the second quarter, well below the $152.1 million consensus estimate from FactSet. The company said in a shareholder letter that macroeconomic pressure was slowing sales growth.

Lululemon — The athleisure company's shares jumped more than 14% after it reported a top and bottom line beat in its fiscal first quarter. The company's sales grew 24% from the previous year. Lululemon also raised its full-year outlook.

Dupont De Nemours— Shares of the chemicals products maker gained 3% in early morning trading after the company, along with The Chemours Company and Corteva, reached a settlement with U.S. Water Systems to resolve all claims related to per- and polyfluoroalkyl substances, also known as PFAS, in drinking water. The companies will collectively contribute $1.185 billion to a settlement fund. Chemours rose about 2%. Corteva was higher by less than 1%.

Trade Desk — The online ad company saw its shares rise more than 3% after Morgan Stanley upgraded the stock to overweight from equal-weight. The Wall