Stocks making the biggest moves premarket: Boeing, Wells Fargo, Lyft, Nio, Disney & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • 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"> Walgreens Boots Alliance — The drugstore chain operator reported adjusted quarterly profit of $1.64 per share, 8 cents a share below estimates. Revenue also missed and Walgreens cut its full-year earnings forecast, noting market challenges that have accelerated.

Dow Inc. — Dow will begin trading today on the New York Stock Exchange, following its separation from DowDupont. The materials sciences company's stock will also replace DowDupont in the Dow Jones Industrial Average as of today. A third company, Corteva Agriscience, will be separated from DowDupont on June 1, at which time DowDupont will change its name to DuPont.

Walt Disney — Disney was rated"buy" in new coverage at Rosenblatt Securities, with a price target of $150. Rosenblatt said the current valuation is"compelling," given its view that the company's Disney+ service will likely be successful.

 

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.

Stocks making the biggest moves premarket: CarMax, BlackBerry, GM, Wells Fargo & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Lennar, Centene, Boeing & moreCheck out the companies making headlines midday Wednesday:
Source: CNBC - 🏆 12. / 72 Read more »