© Reuters
By Peter Nurse
Investing.com — Stocks in focus in premarket trade on Thursday, September 15th. Please refresh for updates.
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Danaher (NYSE:) stock rose 3.6% after the medical technology company announced plans to spin off its environmental & applied solutions unit to concentrate on its life sciences and diagnostics businesses.
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Union Pacific (NYSE:) stock rose 3.2%, CSX (NASDAQ:) stock rose 2.5%, while Norfolk Southern (NYSE:) stock rose 2.5% on the news of athat averts the threat of a U.S. rail strike.
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Netflix (NASDAQ:) stock rose 2.4% after Evercore ISI upgraded its investment stance on the streaming giant to ‘outperform’ from ‘in line’, saying the ad-supported subscriber tier can boost the stock by more than 30%.
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Amazon (NASDAQ:) stock fell 0.4% with workers at the online retail giant’s warehouse in the English city of Coventry set to vote on potential strike action in a dispute over pay.
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Shell (NYSE:) ADRs fell 0.7% with crude prices falling. The energy giant has named Wael Sawan, the head of its integrated gas business, as its new CEO. He’ll take over from Ben van Beurden at the end of the year.
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Okta (NASDAQ:) stock rose 1% after Jefferies initiated coverage of the identity management company at ‘buy’, saying the recent drop creates an excellent buying opportunity.
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Wynn Resorts (NASDAQ:) stock rose 3.5% after Credit Suisse started coverage of the gaming company at ‘outperform’, saying it offers an attractive risk-reward basis.
- Arconic (NYSE:) stock fell 7.8% after the aluminum products maker lowered its full-year outlook, citing high energy costs, mainly in Europe.
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