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Stocks making the biggest moves in the premarket: JPMorgan, Delta, Alphabet, Ford, Tesla & more

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The stocks making the biggest moves in premarket trading include JPMorgan, Delta, Alphabet, Ford, Tesla, and more.

– The airline posted a second-quarter loss of $4.43 per share, wider than the loss of $4.07 that analysts had been predicting. Revenue was slightly above forecasts, but Delta said it will be more than 2 years before the airline industry sees a sustainable recovery from the Covid-19 pandemic's impact.

– The bank reported quarterly earnings of $1.38 per share, compared to a consensus estimate of $1.04, with revenue also above forecasts. Profit was down more than 50 percent from a year earlier as JPMorgan Chase added to its loan loss reserves to guard against potential loan defaults, but results were helped by record trading revenue.

 

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Source: CNBC - 🏆 12. / 72 Read more »