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.