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Stocks - CVS, Mylan, Lilly Gain in Pre-market; Facebook, Amazon Dip

Published 11/06/2018, 08:27 AM
Updated 11/06/2018, 08:27 AM
© Reuters.  Stocks in focus in pre-market trade on Tuesday

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

• CVS Health (NYSE:CVS) stock rose 3.41% by 7:55 AM ET (12:55 GMT) after third-quarter profit and revenue topped analysts’ estimates.

• Facebook (NASDAQ:FB) stock dropped 0.28% after the company blocked 115 accounts ahead of U.S. elections after authorities suggested that they had suspicious activity that may be linked to a foreign entity.

• Amazon.com (NASDAQ:AMZN) stock lost 0.48% after The Wall Street Journal reported that the company was planning to split its new second headquarters into two locations.

• Kraft Heinz (NASDAQ:KHC) stock gained 0.21% after shareholder Krupa Global Investments repeated its call for 3G Capital and Berkshire Hathaway (NYSE:BRKa) to take the company private for $80 a share.

General Electric (NYSE:GE) stock slipped 0.11% even as Air Products (NYSE:APD) announced it had agreed to acquire the company’s gasification business and technology.

• Marriott (NASDAQ:MAR) stock sank 5.49% as the company’s forecast for revenue per available room in the fourth quarter came below expectations.

• Mylan (NASDAQ:MYL) stock soared 8.86% as the company beat estimates for third-quarter profit and reiterated its full-year guidance.

• Eli Lilly (NYSE:LLY) stock gained 0.71% after the company reported third-quarter results that beat consensus and raised its full-year earnings guidance.

• ELF Beauty (NYSE:ELF) stock skyrocketed 18.92% after quarterly results topped consensus.

• Booking (NASDAQ:BKNG) stock soared 6.09% after the company’s fourth-quarter profit outlook surpassed estimates.

• Avis (NASDAQ:CAR) slumped 4.41% as quarterly results missed on the top and bottom lines.

Pandora Media (NYSE:P) jumped 2.43% as the company reported a narrower-than-expected loss per share and revenue topped expectations.

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