Yelp, General Electric Slump in Pre-market; Walt Disney, Hertz Rise By

© Reuters.  Stocks to watch for on Friday.

© Reuters. Stocks to watch for on Friday.

TedsWoodworking Plans and Projects – Stocks in focus in pre-market trade Friday:

· Walt Disney (NYSE:) stock rose 1.59% as of 8:15 AM ET (13:15 GMT) after the company on the top and bottom lines on Thursday. It reported earnings of $1.48 a share on revenue of $14.31 billion.

· Lions Gate Entertainment (NYSE:) stock increased 5% after its earnings came in higher than expected.

· General Electric (NYSE:) stock was down 2% after J.P. Morgan cut its price target on the stock to $6 from $10, due to its earnings being worse than expected, CNBC reported.

· New Age Beverages (NASDAQ:) stock sank 19% after the company announced a secondary offering of common stock.

· Hertz Global (NYSE:) stock soared 17.80% following earnings after the bell yesterday that by more than 40 cents per share.

· Yelp (NYSE:) stock plunged 31.5% after it issued downside fourth-quarter guidance after the bell yesterday and said its new account growth slowed.

· Potbelly (NASDAQ:) stock tumbled 14%. The sandwich store chain missed earnings and revenue forecasts and also issued guidance below consensus.

· E. W. Scripps (NASDAQ:) stock rose 3% following quarterly results that beat on the top and bottom lines.

· Tribune Media (NYSE:) stock gained 2% following earnings that handily topped forecasts, thanks in part to strong revenue from political advertising.

· Finisar Corporation (NASDAQ:) stock rose 5.3% after news that laser and optical products maker II-VI will buy Finisar, which is a major supplier to Apple (NASDAQ:), in a $3.2 billion deal.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link


Please enter your comment!
Please enter your name here