Stocks making the biggest premarket moves: U.S. Steel, AT&T, Synchrony Financial, CVS and more

Check out the companies making the biggest moves in premarket trading: U.S. Steel — Shares tumbled 7% after President-elect Donald Trump said late Monday he will block the purchase of the steelmaker by Japan's Nippon Steel. A deal was reached in late 2023 for Nippon Steel to buy U.S. Steel, but it has since encountered political opposition. AT & T — The cell phone stock climbed neary 4% after saying it anticipates more than $18 billion in free cash flow in 2027.

Credo Technology Group — The tech company soared 32% after earnings topped analyst estimates late Monday and it issued strong current-quarter revenue guidance. Adjusted earnings came in at 7 cents per share on $72 million in revenue in the second fiscal quarter against Street estimates of 5 cents per share on revenue of $67 million, according to LSEG.

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.

Goldman recommends these three steel stocks on Trump's potential favorable trade policiesPresident-elect Donald Trump's trade policies could spell good news for the U.S. steel industry, according to Goldman Sachs.
Source: CNBC - 🏆 12. / 72 Read more »

Buy steel stocks if Trump wins or clean energy plays if it's Harris, says JPMorganHigher tariffs in another Trump term could boost steel companies, while clean energy stocks might rally if Harris is elected president.
Source: CNBC - 🏆 12. / 72 Read more »