In this article SHAK DKNG ROKU BLMN DE DBX Check out the companies making headlines before the bell: DraftKings (DKNG) – The sports betting company’s stock tumbled 13.2% in the premarket, despite a narrower-than-expected quarterly loss and revenue that beat estimates. DraftKings projects a wider-than-expected adjusted loss for the full year as costs continue to
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In this article WMT AN DASH CSCO NVDA PLTR Check out the companies making headlines before the bell: Walmart (WMT) – Walmart stock rose 2.9% in the premarket after the retail giant reported better-than-expected quarterly results. Walmart earned an adjusted $1.53 per share, 3 cents above estimates, issued an upbeat forecast, and announced a dividend
In this article TTD LZB KHC SHOP-CA GNRC WYNN Check out the companies making headlines before the bell: Generac (GNRC) – The maker of generators and power equipment saw its stock rise 2.6% in the premarket after beating top and bottom-line estimates for the fourth quarter. Generac earned an adjusted $2.51 per share, 11 cents
Take a look at some of the biggest movers in the premarket: Monster Beverage (MNST), Constellation Brands (STZ) – Merger talks between Monster Beverage and Constellation Brands are progressing, according to people familiar with the matter who spoke to Bloomberg. Those people say an agreement between the two companies could be reached within weeks if
Take a look at some of the biggest movers in the premarket: Splunk (SPLK) – Cisco Systems (CSCO) made a more than $20 billion takeover bid for the cloud software company, according to people familiar with the matter who spoke to The Wall Street Journal. A deal of that size would represent the networking equipment
In this article GDDY ZG AFRM NWL UAA An Under Armour shoe is seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Under Armour — The sports equipment company’s shares dropped about 10% as lingering supply chain constraints
Traders on the floor of the NYSE, Jan. 25, 2022. Source: NYSE Stocks are likely to be volatile in the week ahead as investors watch tensions between Russia and Ukraine and debate how quickly the Federal Reserve can raise interest rates. Markets were roiled in the past week and bond yields spiked after a hot
In this article ACB-CA EXPE ZG NWL ZEN UAA Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker reported an adjusted quarterly profit of 14 cents per share, doubling consensus estimates, with better-than-expected revenue. Under Armour saw strong demand for its athletic wear and was also helped
In this article KO DIS GOOS-CA TWTR TPR UBER Check out the companies making headlines before the bell: Coca-Cola (KO) – Coca-Cola shares added 1.3% in the premarket after the company beat estimates by 4 cents with adjusted quarterly earnings of 45 cents per share. Revenue also beat Wall Street forecasts, and Coca-Cola projects commodity
In this article PTON WEED-CA REYN CMG LYFT NKLA Check out the companies making headlines before the bell: Peloton (PTON) – Peloton added 1% in premarket trading after surging more than 20% in each of the past two sessions. Yesterday’s gains came after the fitness equipment maker announced that CEO John Foley was stepping down
Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton CEO John Foley will be stepping down. The fitness equipment maker will also slash about 2,800 jobs or about 20% of its corporate staff and also cut $800 million in annual costs. Foley’s replacement will be former Spotify and
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit surged 11.4% in the premarket after announcing it would buy competitor Frontier Airlines in a stock swap deal valued at $6.6 billion including assumed debt. Shares of Frontier’s parent company Frontier Group (ULCC) fell 2.4%. Peloton (PTON) –
In this article CLX FB PINS F AMZN The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines in midday trading. Amazon — Shares of Amazon popped more than 14% following a stellar quarterly report. The company said its investment in electric
Traders on the floor of the NYSE, Jan. 26, 2022. Source: NYSE After January’s surprisingly strong jobs report, focus swings to consumer inflation in the week ahead and what it could mean for the Federal Reserve’s plan to raise interest rates. Friday’s report of 467,000 jobs added in January confounded Wall Street economists, some of
In this article SNAP CLX BJ BMY REGN AMZN Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estimate. Revenue also topped the forecast on strong sales of the company’s Covid-19 antibody therapy as well as its
In this article MRK BIIB CAH LLY HON FB Check out the companies making headlines before the bell: Eli Lilly (LLY) – The drugmaker beat estimates by 3 cents with adjusted quarterly earnings of $2.49 per share, while revenue beat forecasts as well. Results were boosted by a jump in sales of Lilly’s Trulicity diabetes
In this article GOOGL DHI EAT CPRI BSX WM Check out the companies making headlines before the bell: Capri Holdings (CPRI) – The company behind Michael Kors and other luxury brands reported better-than-expected earnings for its latest quarter and raised its profit forecast as demand for handbags and apparel remained strong. Capri earned an adjusted
Take a look at some of the biggest movers in the premarket: AT&T (T) – AT&T announced plans to spin off its stake in the WarnerMedia/Discovery Communications (DISCA) combination to its shareholders when that merger is completed later this year. Shareholders will receive 0.24 shares of Warner Brothers Discovery for each AT&T share they now
Take a look at some of the biggest movers in the premarket: Citrix Systems (CTXS) – Citrix is near a deal to be taken private for roughly $13 billion, according to multiple media reports. The deal would see the cloud computing company acquired by Vista Equity Partners and an affiliate of Elliott Management for $104
Logo on an Apple store is seen in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters Check out the companies making headlines in midday trading. Apple — Shares of the tech giant jumped more than 5% following a strong quarterly report that showed its largest single quarter in terms of revenue ever. Apple beat analyst estimates
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