Stocks making the biggest move premarket: Solaredge, Pool Corp, Disney and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 17 min. at publisher
  • 📊 Quality Score:
  • News: 65%
  • Publisher: 72%

Earnings News

Markets,Market Insider,Breaking News: Markets

These are the stocks making big moves before trading fully opens on Tuesday.

Here are the stocks making headlines before Wall Street's opening bell. Solaredge Technologies — The green energy stock fell more than 17% after announcing a new debt offering. Solaredge said it will offer $300 million worth of convertible notes, due 2029. Pool Corp — Shares sank 12.4% after the wholesale pool supplies distributor revised full-year earnings guidance postmarket Monday. Pool now anticipates full-year earnings per share between $11.04 and $11.

Penn Entertainment — Shares of the casino operator and online gambling platform dipped 2% after Raymond James downgraded it to market perform from outperform, saying the "current valuation is appropriate" after recent gains. The stock is down 25% this year, but rallied more than 10% this month. Walt Disney — Goldman Sachs initiated coverage of the media stock with a buy, pointing to its sports rights portfolio and theme parks as positives for the company.

 

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 CA

Canada Canada Latest News, Canada Canada Headlines

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

Top Penny stocks for 2024: These two should be on your radarPenny stocks, as they are called, are not really stocks that trade under $1 per share.
Source: FXStreetNews - 🏆 14. / 72 Read more »