Investing.com - Stocks in focus in premarket trading on Thursday:
• Boeing (NYSE:BA) stock was down 2.4% by 8:20 AM ET (12:20 GMT) in premarket trading after the U.S. Federal Aviation Administration found a new issue with the 737 Max's software that it will have to fix before the plane can return to service.
• Walgreens Boots Alliance (NASDAQ:WBA) stock gained 1.4% after its quarterly earnings were better than expected due to a rise in prescription drug sales.
• Ford (NYSE:F) stock rose 1.3% after the company reported it was slashing 12,000 jobs in Europe in an attempt to return to profitability. The cut will affect plants in Russia, Wales, and France as well as factory shifts in Spain and Germany.
• KB Home (NYSE:KBH) stock surged 6.2% after it reported a 13% increase in orders over the spring.
• ConAgra (NYSE:CAG) stock slumped 7.4% after it missed earnings estimates, due to weak demand for groceries and snacks, particularly its Hunt’s and Chef Boyardee products.
• Western Digital (NASDAQ:WDC) stock slipped 0.8% after Wedbush initiated coverage at 'underperform' due to margin pressure, according to CNBC.