Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Stocks - Amazon, Google, Snap Plunge in Pre-market; Mattel Gains

Published 26/10/2018, 13:14
Updated 26/10/2018, 13:25
© Reuters.  Stocks in focus in pre-market trade on Friday

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

• Amazon.com (NASDAQ:AMZN) stock slumped 8.55% by 8:08 AM ET (12:08 GMT) after its third-quarter sales missed consensus and it forecast holiday season sales and profit below Wall Street targets.

• Google-parent Alphabet (NASDAQ:GOOGL) stock tumbled 5.44% after it reported worse-than-expected revenue due to a slowdown in ad sales.

• Intel (NASDAQ:INTC) stock slipped 0.25% amid general risk-off sentiment, despite reporting better-than-expected quarterly numbers and giving an upbeat forecast for the current quarter that also topped expectations.

• Snap (NYSE:SNAP) stock sank 12.16% after the company reported a larger-than-expected drop in third-quarter users and said that it expects the decline to continue.

• Colgate-Palmolive (NYSE:CL) stock tanked 5.36% as the company reported quarterly earnings that missed analysts’ estimates and forecast a low-single-digit decrease in fourth-quarter sales.

• Chipotle Mexican Grill (NYSE:CMG) stock fell 0.92% after third-quarter comparable sales missed consensus.

• Mattel (NASDAQ:MAT) gained 1.08% after the company reported an unexpected increase in gross sales in North America during the third quarter, outweighing the fact that international revenue missed expectations.

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.