ended its ninth straight day of gains — longest winning streak since 2017 — and
down more than 2% after the post-earnings sell-off of
These stocks are ready to move on Friday:
(ticker: TSLA) rose 0.9% in premarket trading after falling 9.7% on Thursday following the electric vehicle maker’s move. second quarter earnings report which shows that margins continue to decline due to sharp price drop.
(ISRG) fell 4.2% in premarket trading after the robotic surgical systems maker posted second-quarter adjusted earnings that fell short of analyst estimates.
(AXP) fell 3.5% in premarket trading after the credit card giant reported second-quarter earnings of $2.89 a share, on revenue of $15.1 billion—a record quarter on both indexes. Earnings beat analysts’ expectations but revenue fell $15.4 billion below estimates.
) reported second-quarter revenue of $3.69 billion, down 3% from a year earlier and below Wall Street forecasts. The company cited lower fuel and coal prices among the reasons for the shortage. The stock fell 4.5%.
(KNX), North America’s largest trucker, reported a 21% drop in second-quarter revenue due to weaker demand for its trucking businesses. Shares of Knight-Swift fell 2.7% in premarket trading.
(HOG) jumped 3% in premarket trading after the motorcycle maker’s stock was upgraded to Buy from Neutral at DA Davidson.
PPG . Industry
(PPG), a paints and coatings maker, issued guidance for the full year but warned of “global industrial production continues to be dismal” and some “US architectural residential repainting slows due to significantly lower existing home sales.” Shares slid 2.2%.
), an oilfield services company formerly known as Schlumberger, posted better-than-expected earnings but miss the revenue consensus for its second quarter. Shares fell 1.7%.
(AN) rose 0.8% after used car retailer posted Second quarter earnings beat Wall Street expectations.
(CVN) fell 0.3% in premarket trading. Late Thursday, analysts at Piper Sandler downgraded the stock to Neutral from Overweight. That followed a downgrade to Ineffective from industry Performed by RBC Capital Markets. Shares of the used car retailer fell 16% on Thursday.
Write to Joe Woelfel at [email protected]