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

Apple, Facebook, Netflix, Micron Rise in Pre-Market, GE Jumps

Published 2018-06-26, 08:33 a/m
Updated 2018-06-26, 08:47 a/m
© Reuters.  Apple, Facebook, Netflix, Micron rise in pre-market, GE jumps

© Reuters. Apple, Facebook, Netflix, Micron rise in pre-market, GE jumps

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

Apple (AAPL) stock edged forward 0.59% by 8:30 AM ET (12:30 GMT) as Bloomberg reported that the firm will release its new AirPods as early as next year with a premium version that will likely have a higher cost than the current $159.

Facebook (FB) stock rose 0.75% after Bloomberg data revealed that Instagram would be worth more than $100 billion as a stand-alone company, compared to $1 billion paid out by the social media firm in the 2012 acquisition.

General Electric (GE) stock jumped 5.41% as the company announced that it would focus on Aviation, Power and Renewable Energy, separate GE Healthcare into a standalone company and pursue plans to fully separate Baker Hughes over the next two to three years.

Netflix (NFLX) bounced back 2.18% after closing down 6.5% on Monday, its largest daily decline since July 2016.

Copart (CPRT) stock fell 0.7% despite news that it will replace Dr Pepper Snapple on the S&P 500.

Exelixis (EXEL) stock jumped 5.42% as it will replace Copart on the Midcap 400.

Micron Technology (MU) stock gained 2.20% after UBS upgraded its recommendation to neutral from sell.

Lennar (LEN) stock soared 6.56% after the company reported earnings per share excluding some items of $1.58. Analysts had forecast an EPS of $0.52.

Senseonics (SENS) stock tumbled 9.4% after announcing a public offering.

Catalyst Biosciences (CBIO) stock gained 3% as a 13G filing showed that shareholders Pont72 and Steven Cohen have a 5.5% stake in the firm.

Heron Therapeutic (HRTX) stock sank 4.1% after announcing a public offering of $200 million in common stock.

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.