📖 Your Q2 Earnings Guide: Discover the Stocks ProPicks AI Highlights to Jump Post-EarningsRead more

Stocks - Linde, Walt Disney Rise Premarket; Tyson Foods Slumps

Published 11/12/2019, 08:28 AM
Updated 11/12/2019, 08:30 AM
© Reuters.
DIS
-
TSN
-
NFLX
-
ABI
-
BREW
-
AAP
-
NSANY
-
LIN
-

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

• Linde (NYSE:LIN) stock was up 1.4% in premarket trade by 8:20 AM ET (11:20 GMT) after the industrial gas supplier raised its growth forecast for the third time this year and its earnings came in higher than expected.

• Craft Brew (NASDAQ:BREW) stock surged 122% after reports that Anheuser Busch Inbev (BR:ABI) will buy out its remaining shareholders in a $321 million deal.

• Nissan Motor (OTC:NSANY) ADRs fell 0.3% after the company slashed its profit and sales forecasts for the fiscal year.

Tyson Foods (NYSE:TSN) stock slipped 2.1% after it missed its third-quarter estimates as chicken revenue came in lower than anticipated due to an unexpected drop in prices.

Advance Auto Parts (NYSE:AAP) stock slumped 5% after its same-store sales came in below estimates, even though it beat forecasts on the top and bottom line. The company also announced another $700 million to its share buyback program.

• Walt Disney Company (NYSE:DIS) stock rose 0.8% ahead of the launch of its Disney+ service, with which it aims to put pressure on Netflix (NASDAQ:NFLX), HBO and other streaming services.

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.