• Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
Dividend Stocks Report
No Result
View All Result
Home Stock News

Stocks making the biggest moves premarket: Lowe’s, Target, GlaxoSmithKline and others

by
November 17, 2021
in Stock News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Check out the companies making headlines before the bell:

Related Posts

What Wall Street is expecting from Shell, TotalEnergies and BP earnings

This electric vehicle ETF soared 20% in January. Analysts give 2 of its stocks another 100% upside

South Korea posts the worst trade deficit in its history

Wednesday: FOMC Statement, Job Openings, ADP Employment, Construction Spending, ISM Mfg

Lowe’s (LOW) – Lowe’s rose 2.5% in the premarket after beating estimates on the top and bottom lines and raising its annual revenue forecast. The home improvement retailer earned an adjusted $2.73 per share for the third quarter, 37 cents above estimates, with comparable store sales up 2.2%. Analysts had expected comp sales to decline by 1.5%.

Target (TGT) – Target reported an adjusted quarterly profit of $3.03 per share, beating consensus estimates by 20 cents, with revenue also above Street projections. Comparable store sales rose 12.7% compared with forecasts of an 8.2% increase. Despite the beats, the retailer’s shares slid 2% in premarket action.

GlaxoSmithKline (GSK), Vir Biotechnology (VIR) – The drug makers signed contracts to sell about $1 billion worth of their Covid-19 treatment to the U.S. government. The government also has an option to buy additional doses that last through March 2022. Glaxo was down 0.4% in premarket trading, but Vir’s stock soared 8.6%.

Tesla (TSLA) – Tesla CEO Elon Musk sold another $973 million in Tesla stock to cover a tax bill generated by the exercise of options covering 2.1 million shares. Tesla rose 2.1% in premarket action.

Rivian (RIVN) – Rivian added 1.6% in the premarket and has yet to experience a losing session since the electric vehicle maker went public last Wednesday. Rivian has been up about 15% in each of the past two trading days and closed Tuesday at $172.01 compared with its IPO price of $78.

Lucid Group (LCID) – The electric vehicle maker rose another 10.3% in the premarket following a nearly 24% surge Tuesday. Yesterday’s rally came amid Lucid’s statement that it was seeing “significant demand” for its Lucid Air model.

La-Z-Boy (LZB) – La-Z-Boy jumped 5.6% in premarket trading after the furniture maker beat estimates by 8 cents with a quarterly profit of 85 cents per share. Revenue also beat forecasts, and the company said it continues to see strong consumer demand although it has been impacted by supply chain disruptions.

Baidu (BIDU) – Baidu beat estimates on the top and bottom lines for its latest quarter, with the China-based e-commerce company benefiting from stronger ad sales as well as strength in cloud and artificial intelligence products. Baidu added 1.2% in the premarket.

Deere (DE) – Deere workers will vote on a tentative contract offer today, after rejecting two previous tentative pacts. Those workers have been on strike since October 14.

Pfizer (PFE), BioNTech (BNTX) – The FDA has promised a quick review of the application to approve the Pfizer/BioNTech Covid-19 booster dose for all adults. The New York Times reports that a decision could come as soon as Thursday. BioNTech rose 1.3% in the premarket, while Pfizer gained 0.7%.

Roku (ROKU) – The stock was downgraded to “sell” from “neutral” at Moffett Nathanson, which said signs of slowing revenue growth for the video streaming device maker have become more obvious and forced the firm to rethink its long-term assumptions. Roku shares fell 3.1% in premarket trading.

Next Post

Target tops earnings estimates, but shares fall as retailer focuses on keeping customer prices low

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:

By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

Popular Posts

Stock News

What Wall Street is expecting from Shell, TotalEnergies and BP earnings

by
February 1, 2023
0

European energy giants are expected to post record annual profits this earnings season, despite multi-billion-dollar windfall taxes . On Thursday,...

Read more

What Wall Street is expecting from Shell, TotalEnergies and BP earnings

This electric vehicle ETF soared 20% in January. Analysts give 2 of its stocks another 100% upside

South Korea posts the worst trade deficit in its history

Wednesday: FOMC Statement, Job Openings, ADP Employment, Construction Spending, ISM Mfg

Google asking employees to test potential ChatGPT competitors, including chatbot ‘Apprentice Bard’

Why AMD is faring much better than Intel in the same tough economy

Load More

All rights reserved by www.dividendstocksreport.net

  • Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
  • Home
  • Stock News
  • Privacy Policy
  • Email Whitelisting

© 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.