
Please try another search
By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Monday, February 22nd. Please refresh for updates.
Boeing (NYSE:BA) stock fell 3.1% after the airplane manufacturer recommended suspending the use of 777 jets with the same type of engine that shed debris over Denver at the weekend after U.S. regulators announced extra inspections. Raytheon Technologies (NYSE:RTX), which owns Pratt & Whitney, the manufacturer of the engines, also fell 2%.
Tesla (NASDAQ:TSLA) stock fell 2.9% despite Wedbush calculating that the electric car manufacturer has made $1 billion in paper profit on its bitcoin investments.
Kohls (NYSE:KSS) stock rose 9.8% after the Wall Street Journal reported that a group of activist investors, with around a 9.5% stake, is attempting to take control of the department store chain's board.
Cooper Tire (NYSE:CTB) stock soared 17% after Goodyear (NASDAQ:GT), down 3.8%, announced plans to acquire its smaller rival in a deal valued at $2.8 billion.
People’s United Financial (NASDAQ:PBCT) stock rose 11% after the Wall Street Journal reported that M&T Bank (NYSE:MTB), down 0.6%, is nearing a deal to buy the regional bank in a $7 billion all-equity deal.
Churchill Capital IV (NYSE:CCIV) stock rose 13% after Bloomberg reported that the SPAC is close to agreeing a deal with Lucid Motors, which would take the electric vehicle company public.
Discovery (NASDAQ:DISCA) stock rose 6.1% after the cable channel company said it expects to have 12 million global paid streaming subscribers by the end of this month, as coronavirus-led restrictions kept people home and fueled streaming subscriber growth.
DISH (NASDAQ:DISH) stock rose 1.4% after the satellite TV provider beat expectations for quarterly earnings and revenue. It still lost a net 133,000 pay-TV subscribers during the quarter, but this was better than the 194,000 it lost a year earlier.
Principal Financial (NASDAQ:PFG) stock rose 3.6% after Bloomberg reported that Elliott Management has taken a stake in the life insurer, and the activist investor will be pushing for strategic changes.
SEOUL (Reuters) - South Korea's SK Inc said on Tuesday it signed an agreement with TerraPower, a U.S. venture founded by billionaire Bill Gates, to tap opportunities in connection...
SHANGHAI (Reuters) - Tesla (NASDAQ:TSLA) has stopped taking orders for its electric pickup truck Cybertruck outside of North America, according to its official website. The U.S....
By Scott Murdoch HONG KONG (Reuters) - Asian shares edged higher on Tuesday despite data reinforcing investor fears the global economic recovery may be more fragile than expected,...
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.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
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.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.