• Home
  • Breaking News
  • Privacy Policy
  • Email Whitelisting
No Result
View All Result
Top Trading Strategy
No Result
View All Result
Home Breaking News

Stocks making the biggest moves premarket: GE, Palantir, PayPal and more

by
November 9, 2021
in Breaking News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Check out the companies making headlines before the bell.

Related Posts

September Vehicle Sales Forecast: 15.4 million SAAR, Up Sharply YoY

Q3 GDP Tracking: Around 3%

Philly Fed: State Coincident Indexes Increased in 40 States in August (3-Month Basis)

Black Knight: Mortgage Delinquency Rate Decreased Slightly in August

General Electric (GE) — Shares of GE rallied more than 7% in the premarket after the company announced it will split up into three publicly traded entities focused on aviation, health care and energy. GE said it will spin off its healthcare unit by early 2023 and energy unit by early 2024.

Palantir (PLTR) — Palantir shares dipped 2% in the premarket even after the software and data analytics company’s third-quarter revenue beat the Wall Street forecast. The company reported revenue of $392 million versus $385 million expected, according to Refinitiv. Palantir’s earnings per share were in line with estimates.

Coinbase (COIN) — Shares of the cryptocurrency exchange rose more than 2% in the premarket after bitcoin hit a new all-time high on Tuesday, rallying above $68,000 at one point. Ethereum also set a new record high and topped the $4,800 level.

Cinemark (CNK) — Shares of Cinemark gained more than 2% in early morning trading after Credit Suisse upgraded the movie theater stock to outperform from neutral. The firm said Cinemark is the “best positioned U.S. pure-play theater operator as the box office recovery ramps up into 2022.”

Nucor (NUE) — Nucor shares dipped more than 1% in early morning trading after Citi downgraded the steel stock to neutral from buy. After Nucor rallied Monday following the House’s passage of a massive infrastructure spending bill, Citi said the good news was already priced into Nucor shares.

Roblox (RBLX) — Roblox shares surged more than 25% in early morning trading after better-than-expected quarterly results. The online gaming platform reported revenue of $637.8 million versus $636.5 million expected from Wall Street analysts, according to Refinitiv.

TripAdvisor (TRIP) — TripAdvisor shares fell more than 8% premarket after the travel-booking company missed Wall Street expectations for its third-quarter financial results. The company earned an adjusted 16 cents per share on $303 million in revenue. Analysts surveyed by Refinitiv expected the company to earn 24 cents per share on $304 million in revenue.

Robinhood Markets (HOOD) — Robinhood shares retreated more than 3% in early morning trading after the company announced a data security breach. Robinhood said the breach occurred late in the evening last Wednesday, and that the third party “obtained access to a limited amount of personal information for a portion of [Robinhood’s] customers.”

PayPal (PYPL) — PayPal shares fell more than 4% premarket after the digital payments company reported quarterly results. The company’s revenue of $6.18 billion fell short of the Refinitiv consensus estimate of $6.23 billion. PayPal also issued a fourth-quarter forecast that fell short of analysts’ expectations and provided disappointing guidance for next year.

SmileDirectClub (SDC) — SmileDirect shares sunk more than 22% in early morning trading after the digital dentistry company reported weaker-than-expected. quarterly results. The company reported revenue of $138 million, short of the expected $182.5 million, according to estimates from StreetAccount.

Disclosure: NBC Nightly News investigated SmileDirectClub’s customer complaints in 2020. The company accused NBCUniversal of publishing false information about the company and is seeking $2.85 billion for defamation.

Next Post

Second Home Market: South Lake Tahoe in October

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

Breaking News

Q3 GDP Tracking: Around 3%

by
September 22, 2023
0

by Calculated Risk on 9/22/2023 08:28:00 AM From BofA: Overall, the data flow since our last report left our 3Q...

Read more

Q3 GDP Tracking: Around 3%

September Vehicle Sales Forecast: 15.4 million SAAR, Up Sharply YoY

Philly Fed: State Coincident Indexes Increased in 40 States in August (3-Month Basis)

Black Knight: Mortgage Delinquency Rate Decreased Slightly in August

Tesla Stock Is Dropping Again. Here’s How Far It Could Fall.

‘Now is not the time to become scared’: Daniel Ives says AI-driven growth will lift tech stocks in the upcoming year — here are 2 names that he likes right now

Load More

All rights reserved by www.toptradingstrategy.net

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

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