Macy's, Krispy Kreme, Dave & Buster's fall premarket; GameStop rises

Investing.com -- US stock futures were largely unchanged Wednesday, with investors wary ahead of the release of consumer inflation data for November.

Here are some of the biggest premarket US stock movers today: Macy’s (NYSE:M ) stock fell 10% after the department store chain cut its annual profit forecast, as it struggles with weak demand during the holiday shopping season. Krispy Kreme (NASDAQ:DNUT ) stock fell 1.2% after the donut retailer said that unauthorized activity on a portion of its information technology systems has disrupted certain operations, including online ordering in the United States. Alphabet (NASDAQ:GOOGL ) stock rose 0.5%, adding to the previous session’s over 5% gains after the tech giant announced a new breakthrough in quantum computing, which could herald a sharp increase in computing speeds. Dave & Buster’s Entertainment (NASDAQ:PLAY ) stock slumped 15% premarket after the Dallas-based arcade and restaurant chain announced the exit of CEO Chris Morris and reported disappointing third-quarter results. Figs (NYSE:FIGS ) stock rose 11% after the Wall Street Journal reported that private equity firm Story3 Capital Partners (WA:CPAP ) has proposed taking the clothing company private, highlighting concerns around the company’s growth and margins. GameStop (NYSE:GME ) stock gained 1.1% after the videogame retailer reported a profit for the third quarter, helped by its cost-saving efforts. General Motors (NYSE:GM ) stock was up 1.3% after the automaker said that it would end robotaxi development at its majority-owned, money-losing Cruise business. GE Vernova (NYSE:GEV ) stock slipped 2.3% as the company's chief executive officer said he was cautious about the outlook for its wind sector even though it had resumed installing turbines at two offshore wind farms.

Source: Investing.com