Levi Strauss, WD-40, fuboTV & extra


Check out among the largest movers within the premarket:

Levi Strauss (LEVI) – Levi Strauss reported quarterly revenue of 34 cents per share for its newest quarter, 9 cents a share above consensus. Income additionally got here in above Wall Road forecasts with assist from a 41% rise in digital gross sales. The attire maker raised its income forecast for the primary half of this yr, betting on a rebound in-store visitors as vaccines roll out. The corporate’s inventory jumped 5.7% in premarket buying and selling.

WD-40 (WDFC) – WD-40 fell 8 cents a share in need of estimates, with quarterly earnings of $1.24 per share. The lubricant maker’s income additionally got here in beneath analysts’ projections. The corporate stated provide chain points damage its means to fulfill buyer demand, and its inventory tumbled 7.9% within the premarket.

Boeing (BA) – Boeing requested some prospects to briefly cease flying 737 Max jets to right a possible electrical subject.

FuboTV (FUBO) – FuboTV gained the streaming rights to the Qatar World Cup 2022 qualifying matches involving the ten groups within the South American Soccer Confederation. Phrases of the deal weren’t disclosed. The inventory surged 6.2% within the premarket.

Bridgetown Holdings (BTWN) – The SPAC backed by billionaire buyers Peter Thiel and Richard Li is in superior talks to take Indonesia-based journey providers firm Traveloka public, based on folks accustomed to the matter who spoke to Bloomberg. Bridgetown shares added 3.5% in premarket buying and selling.

Honeywell (HON) – Honeywell shares rose 1.3% in premarket motion after Deutsche Financial institution upgraded the inventory to “purchase” from “maintain,” noting underperformance to this point in 2021 in addition to Honeywell’s favorable publicity to the present state of the financial cycle. JPMorgan Chase additionally named Honeywell a “high choose,” citing comparable causes.

Okta (OKTA) – Okta shares rose 2.5% in premarket buying and selling after a 7.2% achieve Thursday. That adopted a gathering with analysts at which the maker of identification administration software program reiterated its steering for the yr and launched two new merchandise that might broaden its addressable market.

Amazon.com (AMZN) – Amazon employees at an Alabama warehouse seem like on the way in which to rejecting unionization, with about half of the roughly 3,200 ballots counted. To this point, the tally reveals employees voting towards a union by a greater than 2-1 margin, though Reuters experiences about 500 ballots have already been challenged.

Southwest Airways (LUV) – Southwest is recalling greater than 2,700 flight attendants from leaves of absence, in anticipation of a rebound in summer time journey demand. That follows the recall of greater than 200 pilots by the airline final week.

PriceSmart (PSMT) – PriceSmart reported larger quarterly revenue and gross sales in comparison with a yr in the past, although the low cost retailer’s outcomes had been beneath estimates from the few analysts that cowl the corporate. PriceSmart stated the pandemic continues to weigh on its enterprise in sure markets.

Sogou (SOGO) – China regulators are set to clear the acquisition of the nation’s third-largest search engine by tech large Tencent Holdings, based on folks with information of the matter who spoke to Reuters. Tencent is planning to pay $3.5 billion for the 60% of Sogou that it doesn’t already personal. Sogou shares jumped 6.2% in premarket motion.

Chipotle Mexican Grill (CMG) – The restaurant chain’s inventory stays on watch after rising for the previous six periods in a row. The inventory was up 1.6% yesterday after Wedbush analyst Nick Setyan reiterated an “outperform” score on knowledge indicating that same-restaurant gross sales development is close to the excessive finish of the corporate’s forecast. Chipotle shares have practically doubled over the previous 12 months.

AT&T (T) – AT&T stated it might document a non-cash achieve of $2.8 billion for the primary quarter associated to its pension plan, as distributions exceed a threshold that may have required it to remeasure its pension obligations.



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