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Alphabet, Microsoft And Some Other Big Stocks Moving Higher In Today's Pre-Market Session

Published 27/07/2022, 12:29
Updated 27/07/2022, 13:10
© Reuters. Alphabet, Microsoft And Some Other Big Stocks Moving Higher In Today's Pre-Market Session

  • Pzena Investment Management, Inc (NYSE: PZN) rose 46.4% to $9.43 in pre-market trading as the company said it has entered into an agreement to become a private company. The company also reported a rise quarterly sales.
  • Teva Pharmaceutical Industries Limited (NYSE: NYSE:TEVA) rose 18.3% to $8.42 in pre-market trading after the company reported better-than-expected financial results.
  • Western Midstream Partners, LP (NYSE: WES) rose 11.1% to $29.46 in pre-market trading. Western Midstream Partners recently announced that the board of directors of its general partner declared a quarterly cash distribution of $0.50 per unit for the second quarter.
  • Enphase Energy, Inc. (NASDAQ: ENPH) shares rose 9.9% to $237.50 in pre-market trading after the company reported better-than-expected Q2 EPS and sales results and issued Q3 revenue guidance above analyst estimates.
  • eXp World Holdings, Inc. (NASDAQ: EXPI) rose 6.6% to $14.50 in pre-market trading. eXp World Holdings is expected to announce Q2 results on August 3, 2022.
  • Carvana Co (NYSE: CVNA) rose 6.3% to $25.70 in pre-market trading. Raymond James upgraded Carvana from Underperform to Market Perform.
  • PayPal Holdings, Inc. (NASDAQ: PYPL) rose 5.7% to $81.44 in pre-market trading. Activist investor Elliott Investment Management has taken a stake in PayPal Holdings Inc (NASDAQ:PYPL), Bloomberg News reported.
  • SolarEdge Technologies, Inc. (NASDAQ: SEDG) rose 5.6% to $313.00 in pre-market trading. JP Morgan recently maintained an Overweight rating on the stock and raised its price target from $382 to $396.
  • Microsoft Corporation (NASDAQ: NASDAQ:MSFT) rose 3.7% to $261.20 in pre-market trading. Microsoft reported weaker-than-expected results for its fourth quarter on Tuesday. However, the company issued an upbeat sales outlook for the fiscal year.
  • Alphabet Inc. (NASDAQ: NASDAQ:GOOGL) rose 3.5% to $108.68 in pre-market trading. Alphabet reported downbeat earnings for its second quarter on Tuesday. However, revenue for the company’s Search and Other segment was $40.7 billion, up 13.7% year-over-year.
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© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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