
Please try another search
By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Tuesday, December 6th. Please refresh for updates.
AutoZone (NYSE:AZO) stock rose 0.7% after the retailer of automotive parts reported a big earnings beat, with first quarter same-store sales growing by 5.6%.
Signet Jewelers (NYSE:SIG) stock rose 5.9% after the world’s largest retailer of diamond jewelry beat both top and bottom-line expectations in the third quarter and lifted its full-year guidance.
Herbalife (NYSE:HLF) stock fell 12.1% after the marketing company proposed an offering of $250 million convertible notes.
Estée Lauder (NYSE:EL) stock rose 2.7% after Deutsche Bank upgraded its stance on the cosmetics company to ‘buy’ from ‘hold’, citing the expected China reopening.
JPMorgan Chase (NYSE:JPM) stock rose 0.9% after Morgan Stanley upgraded its stance on the investment bank all the way to ‘overweight’ from ‘underweight’, saying the lender is typically more resilient than its peers during a downturn.
Meta Platforms (NASDAQ:META) stock fell 0.5% after the Facebook owner threatened to remove news from its platform if the U.S. Congress passes a proposal aimed at making it easier for news organizations to negotiate collectively.
PepsiCo (NASDAQ:PEP) stock rose 0.1% after the Wall Street Journal reported that the soft drinks giant is set to lay off hundreds of people in North America in order to cut costs.
GitLab (NASDAQ:GTLB) stock rose 16.6% after the development software firm reported a smaller quarterly loss than expected, while beating revenue expectations and offering up a strong full-year outlook.
General Electric (NYSE:GE) stock rose 1.7% after Oppenheimer upgraded its stance on the industrial conglomerate to ‘outperform’ from ‘perform’, citing its debt reduction plan.
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.