Stocks making the biggest moves premarket: Big Lots, Navistar, Tilray & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Some of the names on the move ahead of the open.

div > div.group > p:first-child"> Big Lots — The discount retailer reported adjusted quarterly profit of $2.68 per share, above the consensus estimate of $2.30 a share. Revenue also beat forecasts, as did comparable-store sales.

Exxon Mobil — Cowen cut its rating on the stock to"market perform" from"outperform," saying the energy giant's long-term dividend commitment could be a negative for investors who may give more weight current excess free cash flow to future free cash flow. Costco — Costco reported quarterly profit of $2.01 per share, beating the consensus estimate of $1.69 a share. Revenue came in below Wall Street forecasts. Costco saw a 6.7 percent jump in overall comparable-store sales, and also saw a 25.5 surge in comparable online sales. Separately, Costco raised its starting wage for workers to $15 per hour from $14, its second dollar-per-hour increase in less than a year.

Sprint, T-Mobile US — The FCC has halted its 180-day review clock on the proposed merger of Sprint and T-Mobile, giving the public three extra weeks to comment on the $26 billion dollar combination of the two wireless carriers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why do you always use pictures of worried-looking (and delta neutral) market makers on NYSE floor?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Costco, Eventbrite and moreSee which stocks are posting big moves after the bell on March 7.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: American Eagle, Allergan and moreSee which stocks are posting big moves after the bell on March 6.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: NIO, Ross Stores, Urban Outfitters and moreSee which stocks are posting big moves after the bell on March 5.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Salesforce, GameStop and moreSee which stocks are posting big moves after the bell on March 4.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Fitbit, General Electric, Thor Industries & moreThese are the stocks posting the largest moves midday Wednesday. 3 317 3
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: H&R Block, Kroger, Anheuser-Busch & moreThese are the stocks posting the largest moves midday Thursday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Target, Revlon, Alphabet & moreThese are the stocks posting the largest moves midday Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Kraft Heinz, Amazon, Bed Bath & Beyond & more
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Costco, Exxon Mobil, Vail Resorts & moreThese are the stocks posting the largest moves midday Friday.
Source: CNBC - 🏆 12. / 72 Read more »