Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Stocks - Amazon Gains in Pre-market; Dick’s Sporting Goods, Box Tumble

Published 29/08/2018, 13:22
Updated 29/08/2018, 13:30
© Reuters.  Stocks in focus in pre-market trade on Wednesday.

© Reuters. Stocks in focus in pre-market trade on Wednesday.

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

• Amazon.com (NASDAQ:AMZN) stock rose 1.12% by 8:03 AM ET (12:03 GMT) after The Information reported that the company is planning to launch a free, advertising-supported video service for the estimated 48 million people who use its Fire TV streaming video device. Fortune suggested that the competition could threaten Roku (NASDAQ:ROKU), whose shares sank 3.18%.

• Dick’s Sporting Goods (NYSE:DKS) stock tanked 7.95% as the company’s second-quarter revenue missed expectations and it forecast a 3% to 4% decline in consolidated same-store sales for 2018.

• Tesla (NASDAQ:TSLA) stock dipped 0.28% after Chinese rival NIO launched a $1.32 billion initial public offering in the U.S.

• Box (NYSE:BOX) stock tumbled 5.86% as the company forecast a wider-than-expected loss per share for the third quarter.

• HP Enterprise (NYSE:HPE) stock gained 1.49% after the company’s fiscal third-quarter results beat on both the top and bottom lines.

• Tilray (NASDAQ:TLRY) stock skyrocketed 18.45% as it doubled sales in its first earnings report since becoming a public company.

• Glaukos (NYSE:GKOS) stock soared 22.77% as competitor Alcon announced it would withdraw a rival eye stent for the treatment of glaucoma.

• Tailored Brands (NYSE:TLRD) fell 2.09% after announcing that its chief executive officer Doug Ewert is retiring while its chief operating officer has resigned.

• H&R Block (NYSE:HRB) stock lost 0.42% despite reporting fiscal first-quarter results that topped consensus.

• Unisys (NYSE:UIS) stock jumped 5.37% after S&P Dow Jones Indices announced that it would add the company to its S&P SmallCap 600.

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.