Investing.com - Stocks in focus in premarket trade Thursday:
• SunTrust Banks (NYSE:STI) stock surged 9.21% by 8:05 AM ET (13:05 GMT) after BB&T (NYSE:BBT) said it will acquire the company for $28.24 billion in an all-stock deal.
• Chipotle Mexican Grill (NYSE:CMG) stock soared 9.11% as the company reported quarterly results that beat on the top and bottom lines.
• Match Group (NASDAQ:MTCH) stock skyrocketed 10.21% after the company reported that its Tinder app drove profits.
• Twitter (NYSE:TWTR) stock tumbled 5.74% as its better-than-expected quarterly profit masked weak user numbers and higher-than-expected capital spending for 2019.
• Yum! Brands (NYSE:YUM) stock fell 1.68% as quarterly results missed on the top and bottom lines.
• GoPro (NASDAQ:GPRO) stock rose 2.52% after the company reported its first profit in five quarters.
• Sonos (NASDAQ:SONO) sank 5.01% after saying its Chief Financial Officer, Michael Giannettom, will retire this year.
• Canopy Growth (NYSE:CGC) stock fell 2.88% after the company announced plans to invest $500 million in hemp production in the U.S.