Investing.com - Stocks in focus in pre-market trade Tuesday:
• Procter & Gamble (NYSE:PG) stock slumped 1.30% by 8:06 AM ET (12:06 GMT) as sales fell below consensus.
• Pfizer (NYSE:PFE) stock lost 0.41% after the company lowered its annual revenue guidance by $500 million due to unfavorable foreign exchange rates. It did, however, report better-than-expected second-quarter results and raise its forecast for 2018 adjusted diluted earnings per share by $0.05 to a range of $2.95 to $3.05.
• Chipotle Mexican Grill (NYSE:CMG) stock fell 1.86% after it shut a restaurant in Ohio due to reports of illness.
• General Electric (NYSE:GE) stock gained 0.38% as the Wall Street Journal reported that the company is seeking a buyer for key parts of its digital business and has hired an investment bank to run an auction for the operations.
• Archer-Daniels-Midland (NYSE:ADM) stock soared 6.10% as second-quarter results topped analysts’ estimates.
• AK Steel (NYSE:AKS) stock plunged 8.60% after reporting worst-than-expected second quarter results.
• Illumina (NASDAQ:ILMN) stock jumped 7.18% after the company smashed second quarter earnings expectations and also beat on sales.
• Texas Roadhouse (NASDAQ:TXRH) stock plummeted 9.20% after the company missed consensus on both the top and bottom lines.