Investing.com - Among the stocks trending on Thursday are JP Morgan, Nintendo and Line. Let’s take a closer look at why these stocks are making headlines and creating buzz.
JPMorgan Chase & Co (NYSE:JPM) saw shares rise more than 2% in pre-market trade after the largest U.S. bank reported stronger-than-expected second quarter earnings and revenue.
Nintendo Co (OTC:NTDOY) pointed to more gains at the open, trading close to a five-year high, powered by ongoing hopes for its new Pokemon GO mobile game, which has become an instant hit after just over a week on the market in three countries.
Line Corp (NYSE:LN), the mobile messaging app from Japan, is going public in a dual Japan-U.S. IPO that could raise as much as $1.3 billion. The listing, which will happen in New York on Thursday and Tokyo on Friday, is set to be the largest from a tech company this year to date.
Line has 218 million users mainly concentrated in Asia, valuing the company at nearly $6.9 billion.
Meanwhile, Yum! Brands (NYSE:YUM) saw shares climb more than 4% ahead of the open after the restaurant group reported second quarter China sales that matched Wall Street expectations after Wednesday's closing bell.
Investors had worried about the fundamentals of Yum's China business, which recently posted bumpy results due to food safety scares and company missteps.
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