Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Stocks - Boeing, Oracle Fall Premarket; Nio, Target Rise 

Published 10/08/2019, 08:33 AM
Updated 10/08/2019, 08:37 AM
© Reuters.

© Reuters.

Investing.com - Stocks in focus in premarket trading on Tuesday:

• Boeing (NYSE:BA) stock fell 1.5% in premarket trade by 8:20 AM ET (12:20 GMT) after the Wall Street Journal reported that the return of the 737 MAX could be delayed by European Aviation Safety Agency’s refusal to accept FAA assurances that the planes are safe.

Target (NYSE:TGT) stock inched up 0.2% after it was rated a “strong buy” in new coverage at Raymond James, citing its adjustment to the new world of retail.

• Domino’s Pizza (NYSE:DPZ) stock declined 6.7% after saying same-store sales were hurt by growing competition from third-party delivery services. The company reported earnings per share of only $2.05 during the fiscal third quarter, around 1% less than the market expected.

•Oracle (NYSE:ORCL) stock slipped 1.1% on news that it is planning to hire 2,000 workers as part of a plan to expand its cloud computing services.

• Ambarella (NASDAQ:AMBA) stock slumped 13% after the U.S. blacklisted one of its customers, Chinese video surveillance equipment company Hikvision Digital Technology (SZ:002415).

•Nio (NYSE:NIO) stock surged 12.9% after the Chinese electric car maker delivered 4,799 vehicles during the third quarter, up 35.1% from the second quarter. It was down over 75% year-to-date as of Monday's close.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.