News Formal

Stocks making the biggest moves before the bell: U.S. Steel, Tesla, Urban Outfitters and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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

— The clothing retailer shed 2.5% following a downgrade by Citi to neutral from buy.

While the Wall Street firm expects an earnings beat when Urban Outfitters reports next week, it believes the risk/reward is more balanced at current levels. The Urban Outfitters brand will be slower to turn around, ultimately limiting possible upside to earnings per share, the firm wrote.

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 MY
 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

U.S. Steel to explore strategic alternatives for the companySteel producer United States Steel Corporation said on Sunday it is initiating a formal review to evaluate strategic alternatives for the company.
Source: Reuters - 🏆 2. / 97 Read more »

US Steel receiving acquisition offers as company promises to maximize stockholder value | CNN BusinessUnited States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a news release Sunday from the company.
Source: CNN - 🏆 4. / 95 Read more »