Check out the companies making headlines before the bell:
GameStop (GME) – GameStop plans to seek shareholder approval to boost the number of shares outstanding in order to enable a stock split. The videogame retailer is proposing an increase to 1 billion shares from 300 million. The stock surged 16.6% in the premarket.
Apple (AAPL) – J.P. Morgan Securities removed the stock from its “Analyst Focus List,” saying a moderation in consumer spending may limit benefits from the iPhone SE launch and the potential for upside in services revenue. However, the firm retained an “overweight” rating on the stock.
BlackBerry (BB) – BlackBerry earned an unexpected profit for its latest quarter, but the communications software company’s revenue fell below analyst forecasts. The revenue miss came as growth in its cybersecurity unit flattened. Shares slid 4.4% in premarket trading.
Wynn Resorts (WYNN) – The resort and casino operator’s stock added 1.6% in the premarket after Citi upgraded it to “buy” from “neutral.” Citi cites increasing clarity over regulations and licenses in Macau as well as an attractive valuation.
Li Auto (LI) – Li Auto rallied 6.6% in premarket trading after the China-based electric vehicle maker reported 31,716 vehicles deliveries in March, more than double the year-ago total.
Nio (NIO) – The China-based electric vehicle company Nio reported deliveries of 9,985 vehicles in March, an increase of 37.6% from a year ago. Nio shares jumped 5.8% in premarket trading.
Hycroft Mining (HYMC) – The small-cap mining company – best known for an investment from movie theater chain AMC Entertainment (AMC) – added 3% in the premarket after reporting a smaller-than-expected quarterly loss. AMC shares rallied 4.6%.
Poshmark (POSH) – The online clothing marketplace operator’s stock slid 2.2% in premarket trading after Stifel cut its rating to “hold” from “buy.” Stifel said the company faces numerous growth challenges despite healthy profit potential and a highly engaged user base.
Why Marie Kondo Has "Kind Of Given Up" on Keeping Her Home Tidy
Always a Bride! Every Time Jennifer Lopez Wore a Wedding Dress on Screen
Horse racing tips: This course specialist looks overpriced at 12-1 on his return to Sedgefield
Fact-checkers target Biden over ‘false and misleading’ statements about the economy
Tyre Nichols death: Eric Garner’s mother asks ‘When is it going to stop?’
Brady: Premier League is UK’s best asset but must remain elite to keep success
What to Know About Moderna’s RSV Vaccine for Adults, According to Experts
Wired Headphones Are Back, Baby! Here Are 7 Excellent Pairs to Buy Now
The Enduring Mystery of an Aggressive FBI Raid Near Area 51
ATLANTIS THE ROYAL LAUNCHES WITH A STAR-STUDDED THREE-DAY GRAND REVEAL EVENT
Morgan Wallen’s New Music Video Suggests Fans Haven’t Actually Canceled Him
Tired of doing laundry? There’s app-solutely a solution.
John Lennon Revealed The Beatles Song That Was Written During Two Separate Acid Trips
Three Unique Embedded Fintech Distribution Models Growing Fast
A pair of former Patriots players reportedly set to interview for team’s OL coach position
News17 hours ago
Tesla just had its best week since May 2013
News16 hours ago
Driver in California Tesla crash jailed for attempted murder
News16 hours ago
Stocks may face an inflection point in the week ahead as the Fed meets and Apple posts earnings
Finance24 hours ago
Amazon to Enter the Crypto NFT Market with Gaming Initiative – Here’s What You Need to Know
Politics18 hours ago
Election losses only deepen Arizona Republicans’ insistence on fraud
News15 hours ago
Joanna Gaines Reveals What She’d Be Doing If It Weren’t for Her Interior Design Career
Lifestyle16 hours ago
Jailed ‘Scrubs’ Writer Eric Weinberg Faces 12 More Sexual Assault Lawsuits
Tech17 hours ago
Dungeons & Dragons Scraps Plans to Update Its Open Game License