Investing.com | Feb 27, 2019 13:35
Investing.com - Stocks in focus in premarket trade Wednesday:
• Weight Watchers (NASDAQ:WTW) stock plunged 35.04% by 7:52 AM ET (12:52 GMT) after its fourth-quarter earnings fell short of consensus and its revenue guidance for 2019 also missed estimates.
• Blue Apron (NYSE:APRN) stock sank 6.20% after the company priced a 15 million share sale at $1.15 per share, according to Bloomberg.
• Papa John's International (NASDAQ:PZZA) stock rose 0.50% after the midpoint of the company’s forecast for this year’s decline in sales was not as steep as analysts’ estimates.
• Mylan (NASDAQ:MYL) stock slumped 10.52% after its forecast for 2019 was lower than expected.
Written By: Investing.com
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