Check out the companies making headlines in premarket trading. Walmart – The retail giant gained about 4% after posting fiscal third-quarter results that surpassed Wall Street's estimates. Walmart also boosted its guidance as customers buy more than groceries. Lowe's — The home improvement retailer's shares fell 1.7%. Although the company reported a top- and bottom-line beat in the fiscal third quarter, it estimates sales will fall year over year.
2 million figure penciled in by Wall Street. Symbotic also offered strong current-quarter top-line guidance. AeroVironment — The stock dropped 5% after the defense contractor announced it was acquiring BlueHalo in an all-stock transaction valued at $4.1 billion. AeroVironment said the deal will "usher in the next ear of defense technology" for the company. BioNTech — Shares gained 1.9% after Evercore ISI upgraded the German biotechnology company to outperform from in line.
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Source: CNBC - 🏆 12. / 72 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »