Stocks making the biggest moves premarket: Marathon Oil, Robinhood, American Airlines, Chewy & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 62%
  • Publisher: 72%

Breaking News: Markets News

Market Insider,Markets,Wall Street

Check out the companies making headlines before the bell.

ConocoPhillips — Shares slipped more than 3% following news that the company is acquiring Marathon Oil in a $17.1 billion all-stock deal, which is expected to close in the fourth quarter. Marathon Oil stock rose more than 7% following the announcement. Dick's Sporting Goods — The sporting goods retailer popped 7.7% after reporting an earnings and revenue beat for its fiscal first quarter. Dick's also raised its full year guidance. It now expects earnings per share to be between $13.

Chewy posted earnings per share of 15 cents, topping a FactSet estimate of just 4 cents per share. Revenue $2.88 billion also come in above expectations. United Airlines — Shares of the airline carrier slipped 1%, despite an upgrade to buy from hold from Jefferies. The financial institution cited United's investments in its product offering, increased free cash flow generation and a shareholder-friendly management team as catalysts for the upgrade.

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 US
 

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

United States United States Latest News, United States United States Headlines

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

Stocks making the biggest moves after hours: American Airlines, Robinhood, Box and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: GameStop, Reddit, Advanced Micro Devices, Robinhood and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Walgreens, GameStop, Intel, Robinhood and moreThese are some of the stocks posting the largest moves in midday trading Monday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves after hours: Airbnb, Robinhood, Arm Holdings, Equinix and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »