By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Friday, March 19th. Please refresh for updates.
FedEx (NYSE:FDX) stock rose 5.1% after the delivery firm said its quarterly profit jumped more than expected on higher prices and surging volume from pandemic-fueled e-commerce deliveries during the holiday shipping season.
Nike (NYSE:NKE) stock fell 2.2% after quarterly sales from the world’s largest shoe maker missed estimates due to shipping issues and a pandemic-related slump at brick-and-mortar stores, while its full-year revenue forecast also disappointed.
- Tesla (NASDAQ:TSLA) stock fell 0.7% after Bloomberg reported that the Chinese military has banned the company's cars from military complexes and housing compounds because of concerns about sensitive data being collected by cameras built into the vehicles.
Amazon (NASDAQ:AMZN) stock rose 0.8% after the company signed a deal with the NFL, becoming the exclusive partner for the league's "Thursday Night Football" games, the first time a streaming service will carry an exclusive package of games.
Lyft (NASDAQ:LYFT) stock rose 0.2% after the ride-hailing company reported that last week was its biggest since March 2020, with ride volume reaching a record for the year.
Ford (NYSE:F) stock rose 3.8% after the automaker said it will for now assemble its flagship, highly profitable F-150 pickup trucks and Edge SUVs in North America without certain parts and idle two assembly plants due to the global semiconductor chip shortage.
AstraZeneca (NASDAQ:AZN) ADR rose 0.4% after both European and British medical regulators recommended that its Covid-19 vaccine, developed with Oxford University, should continue to be rolled out despite reports of blood clots.
Sarepta Therapeutics (NASDAQ:SRPT) stock rose 3.4% after the biopharmaceutical company released encouraging trial results for its muscular dystrophy treatment.
Skillz Platform (NYSE:SKLZ) stock fell 8% after the mobile gaming company announced a 32 million share public offering, priced at $24 per share.