Stocks making the biggest moves premarket: Wyndham Hotels, Dollar Tree, Johnson & Johnson and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

These are the stocks posting the largest moves in premarket trading.

Check out the companies making headlines before the bell. Wyndham Hotels & Resorts , Choice Hotels — Choice Hotels dropped 2.3% after the hotel chain proposed buying Wyndham Hotels & Resorts for $90 per share, valuing Wyndham at roughly $7.8 billion. Wyndham's stock popped 15% on news of the offer. Bank of America — The bank rose 1% premarket after third-quarter results topped Wall Street expectations. Charlotte, NC-based BofA reported 90 cents in earnings per share on $25.

37 billion in revenue in the quarter, exceeding analysts' estimates on both lines. Consensus estimates from LSEG came to $1.15 earned per share and $4.33 billion in revenue. Johnson & Johnson -- Shares of the multinational drug and medical equipment maker gained nearly 2% after third-quarter earnings and sales topped analyst estimates. J & J posted adjusted earnings per share of $2.66 on $21.35 billion in revenue, while analysts polled by LSEG forecast an adjusted $2.52 and $21.

 

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

Stock Market Today: Goldman Sachs, Bank of America Beat ForecastsJohnson & Johnson raises its full-year sales guidance
Source: WSJ - 🏆 98. / 63 Read more »