News Formal

Stocks making the biggest moves premarket: La-Z-Boy, NextEra Energy, Kroger, Lennar and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 18 min. at publisher
  • 📊 Quality Score:
  • News: 70%
  • Publisher: 72%

Costar Group Inc News

Lennar Corp,La-Z-Boy Inc,La-Z-Boy Inc

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

Check out the companies making headlines in premarket trading. La-Z-Boy — Shares jumped more than 9% after La-Z-Boy's latest quarterly results beat expectations. The furniture company posted fiscal fourth-quarter adjusted earnings of 95 cents per share on revenue of $554 million. Analysts polled by LSEG anticipated earnings of 70 cents per share on revenue of $516 million. Semiconductor stocks — Chip stocks were higher on Tuesday, adding to the outperformance seen in recent days.

The units will comprise both a 5% undivided ownership stake in NextEra Energy Capital Holdings as well as a contract to purchase NextEra stock by June 1, 2027. Kroger — Shares added 1.7% following an upgrade from BMO Capital Markets to outperform from market perform. The firm believes the recent pullback has created an attractive entry point for the grocery chain. Lennar — Shares of the homebuilder slid 3.5% despite stronger than expected results for the second quarter. Lennar reported $3.

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 NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Three stocks to play the booming energy needs of AI data centers, according to BTIGCompanies that can supply energy fast will benefit as data centers face a power squeeze.
Source: CNBC - 🏆 12. / 72 Read more »

Best energy and utility stocks to own for rest of year, according to UBSThe firm's list of its highest-conviction energy picks for the remainder of the year range from a newly touted AI play to a oilfield services leader.
Source: CNBC - 🏆 12. / 72 Read more »

JPMorgan asks: Is it time for Long Energy vs. Short Tech stocks again?JPMorgan asks: Is it time for Long Energy vs. Short Tech stocks again?
Source: Investingcom - 🏆 450. / 53 Read more »

Utility stocks are on a tear as an 'energy transition supercycle' lifts the entire sectorPower generators have come roaring back to life this year, despite an environment of higher-for-longer interest rates that raises their borrowing costs.
Source: CNBC - 🏆 12. / 72 Read more »