Stocks In Focus In Premarket Trade – Friday, April 26, 2019

 

Stocks In Focus In Premarket Trade

 

  • Intel (NASDAQ:INTC) stock plunged 7.5% by 8:13 AM ET (12:13 GMT) after the chipmaker cut its full-year revenue guidance; the company’s sales of data center chips fell for the first time in years.

 

  • Ford (NYSE:F) stock jumped 7.6% as first-quarter profit smashed consensus thanks to strong demand for its pickups and SUVs in North America.

 

  • Exxon (NYSE:XOM) stock sank 2.0% after the oil major reported first-quarter earnings that missed estimates.

 

  • Amazon (NASDAQ:AMZN) stock rose 1.3% after the online retailer reported better-than-expected first-quarter results but a forecast of rising costs limited gains.

 

  • Mattel (NASDAQ:MAT) stock surged 7.9% as first-quarter results beat on the top and bottom lines.

 

  • Starbucks (NASDAQ:SBUX) stock was little changed as worse-than-expected sales weighed against better-than-forecast profit.

 

  • American Airlines (NASDAQ:AAL) stock tumbled 3.5% the company cut its 2019 profit guidance due to the grounding of Boeing’s 737 MAX planes.

 

“Published & Edited By: Senior Financial Analyst. Alaa Tabib – Gulf Brokers DMCC – Regulated & Licensed By SCA & DGCX”

“Reuters & CNN & CNBC Arabia May Have Contributed To This Article”

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