Take a look at some of the biggest moving agents in the premarket:
Levi Strauss (LEVI) – Levi Strauss reported a quarterly profit of 34 cents per share for the last quarter, with 9 cents a share above consensus. Revenue also exceeded Wall Street forecasts, with a 41% increase in digital sales. The clothing manufacturer has raised its revenue forecast for the first half of this year, relying on a return to in-store traffic as vaccines are launched. The company’s shares increased by 5.7% in premarket trading.
WD-40 (WDFC) – The WD-40 fell 8 cents a share below estimates, with quarterly earnings of $ 1.24 a share. The lubricant manufacturer’s revenues also came below analysts’ forecasts. The company said supply chain issues are affecting its ability to meet customer demand, and its stock fell 7.9% in the premarket.
Boeing (BA) – Boeing has asked customers to temporarily stop the flight of 737 Max aircraft to correct a possible electrical problem.
FuboTV (FUBO) – FuboTV won the streaming rights to the Qatar 2022 World Cup qualifiers involving the 10 teams in the South American Football Confederation. The terms of the agreement were not disclosed. The stock increased by 6.2% in the premarket.
Bridgetown Holdings (BTWN) – SPAC backed by billionaire investors Peter Thiel and Richard Li is in advanced talks to make public the travel services company in Indonesia, Traveloka, according to people familiar with the matter who spoke with Bloomberg. Bridgetown shares added 3.5% in premarket trading.
Honeywell (HON) – Honeywell shares rose 1.3% in premarket stock after Deutsche Bank updated the stock to “buy” from “holding”, noting the low performance until 2021, as well as Honeywell’s favorable exposure to the stock current economic cycle. JPMorgan Chase also called Honeywell a “top choice,” citing similar reasons.
Okta (OKTA) – Okta shares rose 2.5% in premarket trading after a 7.2% increase on Thursday. This followed a meeting with analysts at which the identity management software manufacturer reiterated its guidelines for that year and introduced two new products that could expand its addressable market.
Amazon.com (AMZN) – Amazon workers at an Alabama warehouse appear to be on the verge of rejecting unionization, with about half of the estimated 3,200 newsletters counted. So far, the balance sheet shows workers voting against a union by a margin of more than 2-1, although Reuters reported that about 500 ballots have already been contested.
Southwest Airlines (LUV) – Southwest recalls more than 2,700 flight attendants on leave of absence, awaiting a return of summer travel demand. This follows the memory of over 200 pilots by the airline last week.
PriceSmart (PSMT) – PriceSmart reported higher quarterly profit and sales compared to a year ago, although the results of the discount retailer were below the estimates of the few analysts covering the company. PriceSmart said the pandemic continues to weigh on its business in certain markets.
Sogou (SOGO) – Chinese regulators will determine the acquisition of the third largest search engine in the country by technology giant Tencent Holdings, according to people with knowledge on the subject who spoke to Reuters. Tencent plans to pay $ 3.5 billion for 60% of Sogou, which it does not already own. Sogou shares increased by 6.2% in the premarket share.
Chipotle Mexican Grill (CMG) – The restaurant chain stock remains high after rising in the last six sessions in a row. The stock rose 1.6% yesterday, after Wedbush analyst Nick Setyan reiterated a note of “overtaking” data indicating that sales growth in the same restaurant is close to the top of the company’s forecasts. Chipotle shares have almost doubled in the last 12 months.
AT&T (T) – AT&T says it will make $ 2.8 billion in non-cash gains for the first quarter on its pension plan, as distributions exceed a threshold that would have forced it to re-measure its pension obligations. pension.