Investing.com - Stocks in focus in pre-market trade Friday:
• Coca-Cola (NYSE:KO) stock gained 0.67% by 8:01 AM ET (12:01 GMT) after the company agreed to buy the U.K. chain Costa Coffee for 3.9 billion pounds ($5.1 billion).
• Amazon.com (NASDAQ:AMZN) stock rose 0.23% despite the fact that the company passed up Tesla (NASDAQ:TSLA) to become the most-shorted U.S. stock, according to data from S3 Partners.
• American Outdoor Brands (NASDAQ:AOBC) stock skyrocketed 26.51% as the company presented better-than-expected fiscal first-quarter results and gave a strong earnings forecast for the second quarter.
• Big Lots (NYSE:BIG) stock tumbled 10.32% as the company missed consensus on quarterly results and presented a weak guidance.
• Lululemon Athletica (NASDAQ:LULU) stock jumped 10.58% as the company reported second-quarter results that topped consensus and raised its full-year outlook.
• Campbell Soup (NYSE:CPB) stock may see movement in regular trade on reports that Third Point, which holds a 5.65% stake and has been pushing for a sale of the company, was speaking to consumer industry executives in order to set up a challenge to the board.
• VirnetX Holding (NYSE:VHC) surged 38.99% as AppleInsider reported that a federal judged denied a motion from Apple (NASDAQ:AAPL) for a new trial on a patent dispute. The company won a case in April claiming that the iPhone-maker had infringed on four of its patents.