Check out the companies making headlines before the bell. GitLab — GitLab shares popped more than 14% after the maker of developer tool software posted stronger-than-expected fiscal first-quarter results and shared upbeat guidance. The company posted its first adjusted operating profit and said revenue grew 32% year over year. For the fourth quarter, GitLab anticipated adjusted earnings of 8 cents to 9 cents per share on $157 million to $158 million in revenue. CVS Health —The pharmacy stock climbed 3% in premarket trading after the company provided higher-than-expected revenue guidance for 2024. CVS now expects revenue of at least $366 billion, while analysts polled by FactSet forecast $344.5 billion. The company also plans to raise its quarterly dividend by 9.9% beginning in the February quarter. Take-Two Interactive — The video game publisher’s stock fell more than 4% before the bell. Subsidiary Rockstar Games released the trailer for the new iteration of its Grand Theft Auto game, which is slated for 2025, earlier than expected following a leak on social media platform X. Nokia , Ericsson — U.S.-listed shares Nokia dropped 6.3% after losing a $14 billion deal to build a new telecom network for AT & T to Ericsson. Nokia, based in Finland, will see its existing equipment replaced in several places. U.S.-listed shares of Ericsson, based in Sweden, popped 2.7%. Johnson & Johnson —Johnson & Johnson’s stock rose nearly 1% after the pharmaceutical company offered 2024 guidance and said it expects operational sales growth to range between 5% and 6% next year. That topped a FactSet estimate of 3.6%. The drugmaker also said it has more than 10 assets with peak sales potential exceeding $5 billion. UBS — UBS shares slipped nearly 2% after Bank of America downgraded the Swiss bank to neutral, citing higher costs as it integrates Credit Suisse post-acquisition. Albemarle — The lithium company about 2% after Piper Sandler downgraded shares to underweight and…
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