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Stocks - Nvidia, Apple, Amazon, Aphria Gain in Premarket; American Eagle Plunges

Published 12/12/2018, 13:10
Updated 12/12/2018, 13:36
© Reuters.

© Reuters.

Investing.com - Stocks in focus in premarket trade Wednesday:

• Nvidia (NASDAQ:NVDA) stock advanced 0.91% by 8:03 AM ET (13:03 GMT) amid news that SoftBank announced plans to sell its stake in the company next year.

• Apple (NASDAQ:AAPL) stock gained 0.96% as its suppliers were reported to be considering shifting iPhone production away from China if U.S. President Trump decided to lift tariffs on smartphones to 25%.

• Amazon.com (NASDAQ:AMZN) stock gained 1.20% amid news that it opened a compact version of its cashier-less Amazon Go food stores, aimed at providing snacks and salads to office workers.

American Eagle Outfitters (NYSE:AEO) stock sank 7.51% as quarterly revenue missed consensus and comparable sales rose less than expected, while its forecast for fourth-quarter earnings per share came in below consensus.

• Dave & Buster’s Entertainment (NASDAQ:PLAY) stock plummeted 13.58% after the company reported a larger-than-expected decline in comparable sales.

• Pivotal Software (NYSE:PVTL) rose 4.78% as third-quarter results topped analysts’ estimates.

• Hain Celestial (NASDAQ:HAIN) jumped 6.38% after an SEC filing showed it formed a committee to study strategic alternatives for the company and the company settled internal control charges with the SEC.

• First Solar (NASDAQ:FSLR) stock could see movement in the regular session after the company forecast better-than-expected full-year earnings.

• Gladstone Land (NASDAQ:LAND) stock plunged 6.60% as it announced a common stock offering.

• Aphria (NYSE:APHA) stock traded up 2.12% after it made a deal with Insumos Medicos to exclusively supply and distribute medical cannabis in Paraguay.

• Keane (NYSE:FRAC) stock could see upside in the regular session after the company lifted its fourth-quarter guidance.

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