© Reuters.
By Peter Nurse
Investing.com — Stocks in focus in premarket trade on Friday, December 9th. Please refresh for updates.
-
Activision Blizzard (NASDAQ:) stock fell 0.1% after the Federal Trade Commission started a lawsuit to stop Microsoft (NASDAQ:), up 0.5%, taking over the video games publisher.
-
DocuSign (NASDAQ:) stock rose 11% after the tech company beat expectations for earnings and in the third quarter, with billings up 17% from the same time last year.
-
Lululemon Athletica (NASDAQ:) stock fell 6.3% after the sportswear retailer forecast a downbeat holiday-quarter, as shoppers turn cautious about spending on higher-priced clothing amid decades-high inflation.
-
Costco Wholesale (NASDAQ:) stock fell 0.6% after the warehouse club operator missed first-quarter , with surging inflation pushing consumers to cut back spending and as operating expenses increased for the company.
- Netflix (NASDAQ:) stock rose 2.9% after Wells Fargo upgraded its stance on the to ‘overweight’ from ‘equal weight’, saying its content is “clearly improving”.
-
Broadcom (NASDAQ:) stock rose 3.9% after the chipmaker raised its guidance after producing better-than-expected for the last three months.
-
Li Auto (NASDAQ:) stock fell 0.6% after the Chinese electric vehicle manufacturer posted another hefty in the third quarter, against the backdrop of higher input costs and repeated economic disruption from COVID-19 lockdowns.
-
Credit Suisse (NYSE:) stock rose 4.5% after the Swiss lender completed a CHF 4 billion ($1=CHF0.9333) two-stage capital increase, giving CEO Ulrich Koerner the funds needed to proceed with his restructuring plan that includes the spin-off of the investment division.
Be the first to comment