Boeing, Raytheon Fall Premarket; Kohls Rises By Investing.com

Boeing, Raytheon Fall Premarket; Kohls Rises

Stock MarketsFeb 22, 2021 08:05AM ET

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Boeing, Raytheon Fall Premarket; Kohls Rises

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.

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US 30	34,910.5	+112.5	+0.32%
US 500	4,449.5	-6.0	-0.13%
Dow Jones	34,912.81	+114.81	+0.33%
S&P 500	4,449.53	-5.95	-0.13%
Nasdaq	14,982.2	-65.5	-0.44%
S&P 500 VIX	18.31	+0.56	+3.15%
Dollar Index	93.347	+0.012	+0.01%

Crude Oil WTI	75.33	+1.35	+1.82%
Brent Oil	78.57	+1.34	+1.74%
Natural Gas	5.707	+0.507	+9.75%
Gold	1,750.95	-0.75	-0.04%
Silver	22.692	+0.267	+1.19%
Copper	4.2847	-0.0008	-0.02%
US Soybeans	1,288.00	+3.00	+0.23%

SPDR S&P 500	443.28	-0.63	-0.14%
iShares Russell 2000	227.46	+4.41	+1.98%
Invesco QQQ Trust	370.45	-2.88	-0.77%
Direxion Daily Junior Gold Miners Bull 2X Shares	55.25	+0.46	+0.84%
iShares Silver	21.00	+0.29	+1.40%
ProShares Ultra VIX Short-Term Futures	20.60	-0.88	-4.10%
ProShares UltraPro QQQ	138.47	-3.32	-2.34%

Apple	145.50	-1.42	-0.97%
Alphabet A	2,829.9	-14.4	-0.51%
Tesla	794.61	+20.22	+2.61%
Amazon.com	3,395.37	-30.15	-0.88%
Netflix	589.05	-3.34	-0.56%
Facebook	353.67	+0.71	+0.20%
Bank of America	43.37	+1.23	+2.92%

Boeing, Raytheon Fall Premarket; Kohls Rises

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