Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Stocks - Target, Lowe’s, Kohl’s Plunge in Pre-market; Campbell Soup, Intuit Gain

Published 11/20/2018, 08:00 AM
Updated 11/20/2018, 08:20 AM
© Reuters.

Investing.com - Stocks in focus in pre-market trade Tuesday:

Target (NYSE:TGT) stock tumbled 9.63% by 7:51 AM ET (12:51 GMT) after both third-quarter revenue and profit missed expectations.

• Lowe’s (NYSE:LOW) stock sank 5.82% after the increase in third-quarter comparable sales came in under estimates and the company cut its full-year sales forecast.

• Kohl’s (NYSE:KSS) stock plunged 9.76% despite better-than-expected quarterly results as the company’s increased full-year profit forecast range still fell below analysts’ expectations.

Best Buy (NYSE:BBY) stock fell 1.93% as investors weighed better-than-expected third-quarter results with a target range outlook for earnings per share that barely matched consensus at the top.

Campbell Soup (NYSE:CPB) stock traded up 4.29% after fiscal first-quarter results beat on the top and bottom lines.

• Hormel Foods (NYSE:HRL) stock dropped 0.13% as fiscal fourth-quarter revenue missed expectations but adjusted diluted earnings per share beat.

Intuit (NASDAQ:INTU) stock gained 1.99% after quarterly profit smashed expectations and its second-quarter outlook topped consensus.

• L Brands (NYSE:LB) stock sank 7.81% after the company cut its annual dividend in half.

• Pure Storage (NYSE:PSTG) stock jumped 7.82% after quarterly results beat consensus and the company launched a cloud data management suite for Amazon Web Services.

• Urban Outfitters (NASDAQ:URBN) stock rose 1.40% after third-quarter revenue and profit beat expectations and comparable store sales rose more than expected.

• Jack In The Box (NASDAQ:JACK) stock advanced 0.59% as fiscal fourth-quarter sales topped consensus.

• Alphabet (NASDAQ:GOOGL) stock lost 1.31% amid news that its Google unit will invest about $690 million towards a new data center in Denmark.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

• Mondelez (NASDAQ:MDLZ) stock declined 0.23% as Bloomberg reported that the company is working with Morgan Stanley (NYSE:MS) on a possible bid for Arnott’s Biscuits.

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.