CDW is trading at $158.18 (+5.61%) after its earnings beat, the clearest company-specific catalyst for the pre-market rise.
- November 4 results showed sales of $6.75 billion, up 17.7% year over year, and non-GAAP diluted EPS of $3.26; both exceeded estimates.
- Management cited strong demand across data storage, servers, mobile devices and software, alongside enterprise AI adoption.
- Gross margin declined to 20.5% from 21.9%, tempering results; the release also announced an approximately 8% dividend increase.