This post was originally published on this site
© Reuters.Investing.com — Stocks in focus in premarket trade on Thursday, 12th December.
- Apple (NASDAQ:) stock fell 1.0% after a report showing a sharp slowdown in iPhone shipments in China in November.
- General Electric (NYSE:) stock rose 3.2% after UBS upgraded the industrial conglomerate’s shares to “buy”, according to Reuters.
- Starbucks (NASDAQ:) stock rose 1.6% after JPMorgan (NYSE:) raised it to “overweight”, according to reports.
- Delta Air Lines (NYSE:) rose 2.1% after setting a 2020 earnings target of $6.7 to $7.75 per share, the midpoint of which is above the consensus estimate of $7.06. It also announced it had bought an unspecified minority stake in private aviation group Wheels Up.
-
- Lululemon Athletica (NASDAQ:) fell 3.0% after publishing weak guidance for the current quarter after the bell on Wednesday, despite beating expectations for the past three months.
- Continental Resources (NYSE:) fell 0.3% after founder Harold Hamm said he will step down as CEO.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
