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Stocks - Abercrombie & Fitch Soars in Pre-market; Deutsche Bank, Facebook Slide

Published 11/29/2018, 08:01 AM
Updated 11/29/2018, 08:24 AM
© Reuters.

Investing.com - Stocks in focus in pre-market trade Thursday:

• Abercrombie & Fitch (NYSE:ANF) stock skyrocketed 18.46% by 7:50 AM ET (12:50 GMT) as quarterly revenue, profit and same-store sales beat analysts’ estimates.

• U.S.-listed shares of Deutsche Bank (NYSE:DB) slumped 3.64% following news that roughly 170 criminal police officers, prosecutors and tax inspectors searched six of its offices in and around Frankfurt on money laundering allegations.

• Facebook (NASDAQ:FB) stock lost 0.52% after internal e-mails revealed that the company had considered charging companies for access to user data, according to the Wall Street Journal.

• Nielsen Holdings (NYSE:NLSN) stock rose 5.56% as the Financial Times reported that Madison Dearborn had joined a group of firms examining a full- or partial-buyout of the company.

• Dollar Tree (NASDAQ:DLTR) stock slumped 1.58% as fourth-quarter guidance came below expectations.

• Guess? (NYSE:GES) stock fell 0.91% after the company reported a wider third-quarter loss than a year ago and earnings per share missed consensus. Guess also gave a full-year earnings guidance below analysts’ expectations.

• Tribune Media (NYSE:TRCO) stock sank 3.33% despite news that Apollo Management and Northwest Broadcasting would partner to make a bid on the company, according to Reuters.

• La-Z-Boy (NYSE:LZB) stock could see upside in the regular session after the company reported fiscal second-quarter results that beat on the top line.

• Altria (NYSE:MO) stock gained 0.87% on reports that it is in talks to take a 20%-40% stake in Juul Labs.

• Veeva Systems (NYSE:VEEV) stock jumped 5.84% after the company reported third-quarter results that beat estimates and provided a fourth-quarter guidance that topped consensus.

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• Box (NYSE:BOX) stock gained 4.45% after the company reported a narrower-than-expected quarterly loss while topping sales estimates.

• Express (NYSE:EXPR) stock tumbled 13.69% after the company projected a decline in fourth-quarter same-store sales, missing expectations.

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