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Pfizer, Pagerduty Rise Premarket; Stitch Fix, Amazon Fall

Stock MarketsDec 08, 2021 08:02AM ET
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© Reuters

By Peter Nurse 

Investing.com -- Stocks in focus in premarket trade on Wednesday, December 8th. Please refresh for updates.

  • Pfizer (NYSE:PFE) stock rose 0.4% after the drugmaker said a three-shot course of its Covid-19 vaccine, developed in conjunction with BioNTech, was shown to have a neutralizing effect against the new Omicron coronavirus variant in a laboratory test. BioNTech (NASDAQ:BNTX) stock rose 0.1%, overturning earlier losses. 

  • Stitch Fix (NASDAQ:SFIX) stock slumped 25% after the online personal styling company reported a fiscal first-quarter loss and offered up a disappointing outlook in a sign that it’s struggling to recapture its pandemic-fueled growth. 

  • Pagerduty (NYSE:PD) stock rose 9% after the software company reported a smaller than expected third-quarter loss, along with strong revenue growth and positive fourth-quarter guidance.

  • ChargePoint (NYSE:CHPT) stock fell 4.4% after the company, which provides hardware and software for electric vehicle charging stations, reported a hefty quarterly loss even as revenue increased 79% year over year.

  • Dave & Buster’s Entertainment (NASDAQ:PLAY) stock rose 4.7% after the restaurant and entertainment business reported strong third quarter earnings, adding that its business recovery has strengthened through the first five weeks of the fourth quarter.

  • Amazon (NASDAQ:AMZN) stock fell 0.9% the day after a major outage disrupted the online retail giant's cloud services, temporarily knocking out a wide range of apps and its e-commerce website as consumers shopped ahead of Christmas. 

  • Blackstone (NYSE:BX) stock fell 2.4% after the private equity giant revealed a sale of shares by Hamilton E. James, its executive vice chairman.

  • Southwest Airlines (NYSE:LUV) stock rose 0.2% after the airline said it was expecting to be profitable in the fourth quarter as travel rebounds, a change after it had previously expected a loss for the quarter due to higher fuel prices.

 

Pfizer, Pagerduty Rise Premarket; Stitch Fix, Amazon Fall
 

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Comments (4)
Stan Smith
Stan Smith Dec 08, 2021 9:28AM ET
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Great!...how's GDP growth?
Whaling Trawler
Whaling Trawler Dec 08, 2021 9:20AM ET
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Pfizer paid the largest 'criminal' fine in history. Why is it still in business and why are people so stupid to take its drug?
Eduardo Ata
Eduardo Ata Dec 08, 2021 9:12AM ET
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Pfizer is ********people... I'll wait for the Nuremberg Trial No.2
Mike Aiello
Mike Aiello Dec 08, 2021 9:05AM ET
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Yet, South Africa reports that Pfizer loses 40x the antibodies. Hmmm, whom to believe. My bet is not the crooks at Pfizer.
Jonathan Lepo
Jonathan Lepo Dec 08, 2021 9:05AM ET
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who cares if theyre crooks, my stock is up 30%
 
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