Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Stocks - Campbell Soup Falls Premarket; Boeing, Peloton Rise

Published 12/04/2019, 08:31 AM
Updated 12/04/2019, 08:32 AM
© Reuters.

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

Campbell Soup Company (NYSE:CPB) stock fell 1.2% in premarket trade by 8:20 AM ET (13:20 GMT) as organic sales fell by 1% and it lowered its full-year sales growth outlook.

• Alphabet (NASDAQ:GOOGL) stock inched up 0.8% on news that co-founder Larry Page is stepping down as CEO and will be replaced by the CEO of its Google unit, Sundar Pichai.

• Peloton Interactive (NASDAQ:PTON) stock gained 1.8% after falling 10% on Tuesday over a holiday ad that some viewers claim is sexist. Critics have asked that the ad, which depicts a woman recording a video diary of an exercise bike her partner gave her, be taken down.

• Qualcomm (NASDAQ:QCOM) stock was up 0.2%, but was held back slightly after the Seoul High Court upheld a $873 million fine from South Korea’s antitrust regulator for abuse of its dominant position in the mobile phone market. The chipmaker said it will appeal the decision.

• Boeing (NYSE:BA) stock rose 0.5%, even as United Airlines said it was buying 50 new jets from rival airplane maker Airbus, replacing the airline’s 53 Boeing 757-200 jets beginning in 2024.

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.