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$GE Aerospace (GE.US)$ General Electric (GE) — Shares of GE ...

$GE Aerospace(GE.US)$ General Electric (GE) — Shares of GE rallied more than 7% in the premarket after the company announced it will split up into three publicly traded entities focused on aviation, health care and energy. GE said it will spin off its healthcare unit by early 2023 and energy unit by early 2024.

$Palantir(PLTR.US)$ Palantir (PLTR) — Palantir shares dipped 2% in the premarket even after the software and data analytics company’s third-quarter revenue beat the Wall Street forecast. The company reported revenue of $392 million versus $385 million expected, according to Refinitiv. Palantir’s earnings per share were in line with estimates.

$Cinemark(CNK.US)$ Cinemark (CNK) — Shares of Cinemark gained more than 2% in early morning trading after Credit Suisse upgraded the movie theater stock to outperform from neutral. The firm said Cinemark is the “best positioned U.S. pure-play theater operator as the box office recovery ramps up into 2022.”
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