Foot Locker, Disney, Ross Stores fall premarket

1. Foot Locker (NYSE:FL) stock slumped 25% due to weaker-than-expected first-quarter results and a lowered full-year guidance, citing a challenging macroeconomic environment.

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2. Deere & Company (NYSE:DE) stock rose 3.4% following strong second-quarter numbers and

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3. Walt Disney (NYSE:DIS) stock fell 0.8% as the company abandoned plans to construct a nearly $1 billion

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4. corporate campus in central Florida due to an ongoing legal dispute with Florida Governor Ron DeSantis.

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5. Ross Stores (NASDAQ:ROST) stock declined 0.7% after the discount retailer projected second-quarter profits below expectations

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6. impacted by higher incentive compensations and wages, despite raising its annual profit forecast.

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7. Applied Materials (NASDAQ:AMAT) stock decreased 1.6% following KeyBanc's statement that it has limited potential for further growth despite a strong performance.

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8. The semiconductor manufacturing tools maker, however, provided a better-than-expected revenue forecast for the third quarter.

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9. Catalent (NYSE:CTLT) stock dropped 5.3% after the pharmaceutical company postponed its third-quarter results and received a notice of noncompliance with listing standards from the NYSE.

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10. Alibaba (NYSE:BABA) ADRs (American Depositary Receipts) declined 1.2% due to disappointing quarterly earnings resulting from sluggish consumer spending in its home country of China.

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