Take a look at some of the biggest movers in the premarket:
Continental Resources (CLR) – The oil and natural gas producer’s stock rallied 7.4% in the premarket after receiving a $70 per share “take private” bid from Chairman Harold Hamm and his family. The company’s board will establish an independent committee to evaluate the proposal.
Oracle (ORCL) – Oracle surged 12% in premarket trading after reporting better-than-expected profit and revenue for its latest quarter. Oracle is seeing strong demand for its cloud software as more businesses transition to a hybrid workplace.
National Vision (EYE) – The optical products retailer’s stock soared 14.3% in the premarket following news that it will be added to the S&P SmallCap 600 index. The change will be effective prior to the opening of trading on Thursday.
Twitter (TWTR) – Twitter shares rose 2.7% in premarket action following news that Elon Musk would attend an all-hands employee meeting on Thursday. Musk agreed in April to buy Twitter for $44 billion but has since threatened to back out of the deal.
Best Buy (BBY) – Best Buy fell 1.3% in premarket trading after Bank of America Securities downgraded the electronics retailer’s stock to “neutral” from “buy.” BofA points to increasing uncertainty about Best Buy’s 2023 earnings prospects.
Nokia (NOK) – Nokia was upgraded to “buy” from “neutral” at Citi, which cites improving fundamentals for the networking hardware and software maker. Citi points to particular strength for Nokia in the mobile infrastructure market. The stock added 2.8% in premarket action.
Coinbase (COIN) – The cryptocurrency exchange operator’s stock slid 4.8% in the premarket after J.P. Morgan Securities downgraded it to “neutral” from “overweight.” J.P. Morgan said the extreme 2022 decline in the crypto markets, plus Coinbase’s increased investments, make it difficult to foresee profitability in the near future.
Coty (COTY) – Coty rose 1% in premarket trading after the cosmetics company reaffirmed its financial outlook for both the current quarter and the full year. Coty is set to present at Deutsche Bank’s Global Consumer Conference today.
Philip Morris (PM) – The tobacco company said it now expects a better performance from its core business than previously anticipated, and that it continues to see growth in its IQOS electronic cigarette business. The stock rose 1% in the premarket ahead of a company presentation at today’s Deutsche Bank conference.
Joshua sent warning by Usyk from Dubai camp with champ in frightening shape
Shred into ski season with Club Med’s new all-inclusive ski resorts and offerings
CPAC Texas: High-profile Hispanic conservatives discuss community’s political shift, say they’re ‘waking up’
VW Shows How It Made The Most Powerful Golf Ever
Chelsea boost as Inter ‘willing to listen to £12m offer’ for Cesare Casadei
PINAY OFW 2021 VIRAL VIDEO SCANDAL | GRABE NAMAN TO!!
DHS pays over $455K to build ‘security fencing’ around Biden’s beach home
7-Foot-Tall Harambe Statue Stares Down Wall Street’s Charging Bull, Which Is Now Covered in Bananas
Julia Gwyneth Ostan Issue | Julia Ostan Viral Scandal Full Video | Julia Ostan Kmjs
Stocks making the biggest moves midday: Facebook, Robinhood, FedEx and more
Two Viral Videos Show Tamil Nadu Government Govt School Students Cleaning Restrooms In Uniform
Zahir Jaffer and Noor Mukaddam Latest | Iqra Latest | Viral Videos
Viral videos of University with Sajal Ali
Florida Challenging Federal Travel Mask Mandate
Viral videos – Royal Navy carrier HMS Queen Elizabeth completes visit to Liverpool
Auto22 hours ago
McLaren 765LT Hits Over 200 MPH In Bouncy Top Speed Run On Autobahn
Finance20 hours ago
Bed Bath & Beyond closes nearly 40% higher, AMC surges as meme chatter on message boards increases
Sport22 hours ago
Chelsea transfer news LIVE: Latest updates from Stamford Bridge
News21 hours ago
11-year-old girl missing in the Bronx
Sport20 hours ago
Jessica Ennis-Hill’s old coach handed life ban for ‘sexually physical behaviour’
Lifestyle21 hours ago
This 24-Piece Kitchen Utensil Set on Amazon Has All the Essentials & More–And It's on Sale Now for $19
News19 hours ago
Solar-powered Turkish vehicle hits the road for national tour
Sport19 hours ago
Ryan Giggs ‘promised me kids but was dating 2 other women, ex tells court