Check out the companies making headlines in premarket trading. JPMorgan — The bank slipped 2.4% despite beating expectations on both lines and reporting lower credit costs than anticipated. However, the bank said net interest income, a key measure of what it makes through lending activities, could be somewhat short of what Wall Street analysts are expecting in 2024. CEO Jamie Dimon also warned about persistent inflationary pressures weighing on the economy.
Thursday's sell off followed a report from short-seller Fuzzy Panda Research , in which the firm alleged multiple occurrences of insurance fraud and said it took a short position in the stock. Paramount — Shares slipped around 1% after the media company proposed having seven directors , a decrease from 11. That comes amid reports that Paramount is in merger talks with Skydance.
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