Shares ofPVH Corp. (NYSE:PVH) tanked 21.42% to $77.01 in pre-market tradingon Thursday.

The company reported upbeat first-quarter results, with revenues up 2.1% year-on-year to $2.03 billion and non-GAAP profit of $2.01 per share. Both figures came in above consensus estimates.

Evercore ISI downgraded the stock from Outperform to In Line, while cutting its price target from $95 to $79. Analysts noted the 46% rally year-to-date and the inclusion of tariff refunds in the fiscal 2026 guidance.

Gainers

  • CXApp Inc. (NASDAQ:CXAI) surged 81.53% to $0.28900 in pre-market trading, up from its previous close of $0.16. The announced the acquisition of EngineRoom, an AI-powered growth intelligence platform focused on customer acquisition and business optimization.
  • TaoWeave Inc. (NASDAQ:TWAV) gained 66.90% to $2.37 in pre-market trading, rising from its previous close of $1.42. The company announced an agreement Manako Labs to commercialize its Score AI computer vision platform in the US and Canada.
  • Foxx Development Holdings Inc. (NASDAQ:FOXX) jumped 63.51% to $4.68 in pre-market trading, compared with its previous close of $2.86.
  • YY Group Holding Ltd. (NASDAQ:YYGH) rose 50.37% to $0.22090 in pre-market trading, up from its previous close of $0.15. The company announced the launch of its Humanoid Robotics Training Lab in Singapore.
  • Splash Beverage Group, Inc. (NYSEAMERICAN: SBEV) gained 46.94% to $0.35560 in pre-market trading, rising from its previous close of $0.24. The company provided an update on its NYSE compliance plan.
  • Republic Power Group Ltd. (NASDAQ:RPGL) climbed 27.39% to $3.86 in pre-market trading, compared with its previous close of $3.03.
  • Acco Group Holdings Ltd. (NASDAQ:ACCL) advanced 22.29% to $1.81 in pre-market trading, up from its previous close of $1.48.
  • iOThree Ltd. (NASDAQ:IOTR) rose 21.79% to $4.53 in pre-market trading, compared with its previous close of $3.72.
  • SU Group Holdings Ltd. (NASDAQ:SUGP) gained 20.51% to $1.41 in pre-market trading, rising from its previous close of $1.17.
  • Applied Aerospace & Defense Inc. (NASDAQ:AADX) jumped 17.30% to $22.30 in pre-market trading, up from its previous close of $19.01, a after its market debut on Wednesday.

Losers

  • Sleep Number Corp. (NASDAQ:SNBR) plunged 65.55% to $0.36690 in pre-market trading, down from its previous close of $1.06, following a Bloomberg report that the company is preparing for a potential bankruptcy filing due to its debt burden.
  • Hub Cyber Security Ltd. (NASDAQ:HUBC) tumbled 55.53% to $0.28890 in pre-market trading, compared with its previous close of $0.65. The company is implementing a 1-for-20 reverse share split.
  • ADC Therapeutics SA (NYSE:ADCT) fell 52.93% to $1.45 in pre-market trading, down from its previous close of $3.08, after RBC Capital Markets downgraded the stock from Outperform to Sector Perform, while cutting its price target from $6.00 to $2.00.
  • Julong Holding Ltd. (NASDAQ:JLHL) dropped 36.65% to $21.82 in pre-market trading, compared with its previous close of $34.44.
  • Apartment Investment and Management Co. (NYSE:AIV) declined 29.91% to $3.00 in pre-market trading, down from its previous close of $4.28.
  • Basel Medical Group Ltd. (NASDAQ:BMGL) dropped 20.74% to $0.51990 in pre-market trading, down from its previous close of $0.66.
  • Netskope Inc. (NASDAQ:NTSK) fell 19.44% to $9.99 in pre-market trading, down from its previous close of $12.40. The company reported first-quarter results that exceeded expectations but announced the departure of CFO Drew Del Matto.
  • Park Ha Biological Technology Co. Ltd. (NASDAQ:BYAH) declined 17.84% to $1.01 in pre-market trading, compared with its previous close of $1.23.
  • Wellchange Holdings Co. Ltd. (NASDAQ:WCT) dropped 17.13% to $2.13 in pre-market trading, down from its previous close of $2.57.