Let’s take a look at some of the biggest movers in the premarket:
Under armor (UAA) – Under Armor’s share price surged 4.5% in the premarket after athletic apparel makers surpassed top-line and bottom-line estimates and the company raised its full-year forecast. Under Armor reported quarterly earnings of 24 cents per share, compared to a consensus estimate of 6 cents per share.
Translate bio (TBIO) – French pharmaceutical company Sanofi (SNY) has agreed to buy a US-based biotechnology company for $ 3.2 billion, or $ 38 per share in cash. Translate Bio specializes in mRNA technology. Pfizer When Modana COVID19 vaccine. Translate Bio’s share price surged 29.6% in pre-market transactions.
Clorox (CLX) – Clorox fell 8.6% in pre-market behavior after household goods makers missed top and bottom quotes for the last quarter. Clorox sales have fallen from a year before consumers hoarded their products amid a pandemic surge.
Eli Lilly (LLY) – Pharmaceutical company stocks fell 1.7% in premarket trading after falling two cents below estimates, with quarterly earnings of $ 1.87 per share. Revenues were better than expected, but Lily’s overall results were impacted by sluggish sales of Covid-19 therapy as more Americans were vaccinated.
Marriott (MAR) – Hotel operator shares rose 1.8% in premarket transactions after reporting quarterly earnings of 79 cents per share. In contrast, the consensus per share was 45 cents. Revenues more than doubled a year ago due to a recovery in travel demand, but slightly below Wall Street’s forecasts.
Take to interactive (TTWO) – Take-Two lost 4.3% premarket trading after announcing a weaker outlook than expected and announcing delays in new releases of some games. Video game producers exceeded the estimate of 12 cents per share, with a quarterly profit per share of $ 1.01. Take-Two’s revenue also exceeded Wall Street’s expectations.
BP (BP) – BP surged 6.3% in pre-market trading after reporting higher-than-expected quarterly earnings and earnings, thanks to higher oil and gas prices. Energy producers also announced a 4% dividend increase and a strengthened share buyback program.
Stellantis (STLA) – Stellantis raised its full-year rate of return outlook after automakers reported strong results in the first half, boosted by record rates of return in North America. Despite the reduction in production of 700,000 units due to the global chip shortage, bright results were obtained. Pre-market stock prices rose 5.3%.
Micron Technology (MU) – Micron has launched its first dividend and chipmakers plan to pay 10 cents of cash per share on October 18. The price is high. Micron shares rose 1.9% in front of the market.
Simon property group (SPG) – Simon Property shares rose 2.8% in pre-market transactions after announcing in June that shopping center sales returned to pre-pandemic levels. The largest mall owner in the United States wants improved results to help retailers sign new leases and fill the open space between pandemics.
Solar Edge Technologies (SEDG) – SolarEdge reported higher revenues and revenues than last quarter’s forecasts, and solar energy companies also provided bright quarterly forecasts. Solar Edge surged 11.4% before it went on sale.
Reynolds Consumer Products (REYN) – Reynolds earned 39 cents per share in quarterly earnings, exceeding the estimate of a penny per share. However, revenue was below Street’s expectations. Manufacturers of products such as Hefty garbage bags and Reynolds Wrap said they were pleased with the consequences of facing rising input costs to supply chain problems. Reynolds lost 3.6% in pre-marketing behavior.
Under Armor, Translate Bio, Clorox, etc.
Source link Under Armor, Translate Bio, Clorox, etc.