Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Apple, Chewy Rise Premarket; Lululemon Falls

Stock MarketsMar 31, 2021 08:06AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.

By Peter Nurse 

Investing.com -- Stocks in focus in premarket trade on Wednesday, March 31st. Please refresh for updates.

  • Chewy (NYSE:CHWY) stock rose 12% after the online pet supplier reported its first quarterly profit in the final quarter of last year, as pet ownership grew and online sales responded during the pandemic.

  • Lululemon Athletica (NASDAQ:LULU) stock fell 1.9% after the athletic apparel retailer warned that a resurgence of Covid-19 cases could cause additional store closures and disruptions to its supply chain, even though it forecast strong first-quarter revenue on sustained demand for home-exercise clothing.

  • Blackberry (TSX:BB) stock fell 4.7% after the tech company missed estimates for fourth-quarter revenue, with sales of its QNX car software under pressure due to a slow recovery in the U.S. auto industry amid a global semiconductor shortage and pandemic-related weakness.

  • Apple (NASDAQ:AAPL) stock rose 1.6% after UBS upgraded its investment stance on the iPhone maker to ‘buy’ from ‘neutral’, seeing stronger average sales prices. 

  • PVH (NYSE:PVH) stock fell 0.4% after the clothing company missed expectations with its fourth-quarter revenue.

  • Pfizer (NYSE:PFE) stock rose 0.7% after the drugmaker announced its Covid-19 vaccine had demonstrated 100% efficacy in a phase three clinical trial testing its shot in children aged 12 to 15.

  • JD.com (NASDAQ:JD) ADR rose 0.6% after the Chinese e-commerce firm said it had sold JD Cloud and artificial intelligence business to its financial technology unit for a combined valuation of 15.7 billion yuan ($2.40 billion).

  • Walgreens Boots Alliance (NASDAQ:WBA) stock rose 2.5% after the pharmacy chain reported better than expected quarterly earnings and raised its full-year guidance despite weaker sales of cold products. 

  • Tilray (NASDAQ:TLRY)stock rose 3.5%, Canopy Growth (NASDAQ:CGC) stock rose 1.5%, Aphria (NASDAQ:APHA) stock rose 3.7% and Aurora Cannabis (NYSE:ACB) stock climbed 1.1% after the state of New York passed a bill to become the 15th state to legalize the recreational use of cannabis.

Apple, Chewy Rise Premarket; Lululemon Falls
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (2)
Tech Hedz
Tech Hedz Mar 31, 2021 9:26AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Quantumscape is also up big. Should be receiving another 100million from VW as well for meeting their requirements.
Tech Hedz
Tech Hedz Mar 31, 2021 9:26AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Also likely hood Apple and VW Partnership will be making the Apple Car. If Quantumscape meets VW's milestones it looks like they will be making the battery.
Tech Hedz
Tech Hedz Mar 31, 2021 9:26AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
*more
Jose Barreto
Jose Barreto Mar 31, 2021 8:57AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
big ups to NY, keeping the majority free from the oppressor.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email