Capital One — The firm gained 6.3% after a regulatory filing showed Warren Buffet’s Berkshire took a new stake in the firm worth over $950 million.
Seagen — The biotechnology company lost 4.5% in premarket trading Daniel Welch, a director at Seagen, disclosed the sale of 1,864 shares, a stake worth $371,961.
Nu Holdings — Nu Holdings popped 5.9% after the fintech firm topped analysts’ first-quarter earnings expectations. Nu reported adjusted net income of $182.4 million, greater than the consensus estimate of $113.4 million, according to FactSet. It posted revenue of $1.6 billion, compared to analysts’ forecasts of $1.40 billion.
Sea Limited — Shares shed nearly 8% after the Singapore-based technology company reported earnings before the open. Its first-quarter revenue came in at $3.04 billion, less than the $3.06 billion expected from analysts polled by StreetAccount. Sea Limited also reported GAAP earnings of 15 cents per share. However, it wasn’t clear if that was comparable to a StreetAccount forecast.
