Showing posts with the label Biggest Premarket Movers.
Source: cnbc.com Peter Schacknow 3-4 minutes Check out the companies making headlines before the bell: Boeing (BA) – Boeing added 1.2% in the premarket, following news that it planned to invest in a SPAC merger planned later this year by Richard Branson's satellite launch company Virgin Orbit. Virgin Orbit plans to merge with blank-check company NextGen Acquisition (XOS), whose shares jumped 6% following the announcement. Coinbase (COIN) – Coinbase jumped 3.2% in premarket trading, with the cryptocurrency exchange's stock benefiting from bitcoin rising to its highest level since early May. Shares of the business analytics company MicroStrategy (MSTR) – which has extensive bitcoin holdings – rallied 3.9%. Pfizer (PFE), BioNTech (BNTX) – The drug makers are expected to receive full FDA approval for their Covid-19 vaccine as soon as today, according to multiple reports. The vaccine had received emergency use au
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Source: cnbc.com Stocks making the biggest moves premarket: Deere, Foot Locker, Buckle, Spotify and more Peter Schacknow 3-4 minutes Check out the companies making headlines before the bell: Deere (DE) – The heavy equipment maker reported quarterly earnings of $5.32 per share, compared with a consensus estimate of $4.58, and its revenue beat forecasts as well. Deere was up 1.1% in premarket trading as it also raised its full-year earnings forecast on solid demand for farm equipment. Foot Locker (FL) – Foot Locker shares surged 6.2% in the premarket after the athletic footwear and apparel maker reported better-than-expected second-quarter results. Foot Locker earned an adjusted $2.21 per share, compared with a $1.01 consensus estimate, and comparable stores sales rose 6.9%. Analysts had expected a slight decline in comp sales. Buckle (BKE) – The fashion accessories retailer beat estimates by 18 cents with quar