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Stocks - Rowan, Apple Fall in Pre-market; Ford Rises

Published 10/08/2018, 08:29 AM
Updated 10/08/2018, 08:29 AM
Stocks to watch out for on Monday.

Investing.com - Stocks in focus in pre-market trade Monday:

· Walmart (NYSE:WMT) stock dipped 0.11% as of 8:20 AM ET (12:20 GMT) amid news that it is partnering with U.S. movie studio Metro Goldwyn Mayer to create content for its video-on-demand service Vudu.

· Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) stock were down 0.04% and 0.51%, respectively, after the U.S. Department of Homeland Security saying it did not doubt the tech companies' claims that reports of Chinese spyware in their servers were false.

· Rowan Companies (NYSE:RDC) stock decreased 0.48% after the offshore drilling company announced it was merging with Ensco in a deal with an enterprise value of $12 billion.

· Apollo Commercial Real Estate Finance (NYSE:ARI) stock rose 3.59% after the company agreed to acquire a portfolio of equity investments from GE Capital’s energy financial services arm for $1 billion.

· Ford Motor (NYSE:F) stock is likely to see movement after the company announced on Friday that it is reorganizing its salaried workforce, resulting in lower headcount. It inched up 0.11% in premarket trading.

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