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Stocks - Procter & Gamble, American Express Jump in Pre-market; PayPal Soars

Published 19/10/2018, 13:16
© Reuters.  Stocks in focus in pre-market trade on Friday.
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Investing.com - Stocks in focus in pre-market trade Friday:

• Procter & Gamble (NYSE:PG) stock jumped 4.79% by 8:10 AM ET (12:10 GMT) after the company reported better-than-expected quarterly results and reaffirmed its full-year guidance.

• DowDuPont (NYSE:DWDP) stock fell 0.99% after disclosing a $4.6 billion impairment charge at its farm unit.

American Express (NYSE:AXP) gained 2.01% after the company reported quarterly profit and revenue that topped expectations.

• PayPal (NASDAQ:PYPL) stock soared 7.45% after the company reported quarterly profit that topped consensus and lifted its outlook.

• American International Group (NYSE:AIG) stock sank 2.84% after the company forecast that it would see between $1.5 billion and $1.7 billion in pre-tax catastrophe losses for the third quarter.

• Tesla (NASDAQ:TSLA) stock gained 1.88% after it launched a new $45,000 version of its Model 3 sedan.

• Honeywell (NYSE:HON) advanced 2.94% after the company reported better-than-expected quarterly profit and lifted its full-year forecast for cash flow and margins.

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