Today's pre-market stock movers: UBER, PINS, BP, JBLU and more
Gainers:
$Uber Technologies (UBER.US)$ stock soared 12.6% after the ride-hail company became cash-flow positive for the first time.
$Pinterest (PINS.US)$ jumped Tuesday with investors feeling positive of the social media platform's new management. Pinterest also beat second-quarter sales expectations.
$Cowen (COWN.US)$ climbed 7.6% after $The Toronto-Dominion Bank (TD.US)$ announced it will acquire Cowen in an all-cash transaction valued at $1.3 billion, or $39 a share.
$BP PLC (BP.US)$ climbed 2.8% after the oil giant reported its most profitable quarter in years.
$Marriott International (MAR.US)$ reported earnings and sales that beat Wall Street expectations. The hotel company's stock was 1.9% higher.
Losers:
$DuPont (DD.US)$ posted second-quarter earnings and revenue above Wall Street estimates, but the stock was 2% lower early Tuesday.
$JetBlue Airways (JBLU.US)$ shares fell 3.6% after the airline company reported a wider loss and lower revenue for the second quarter than analysts had expected.
$Caterpillar (CAT.US)$ reported second-quarter earnings Tuesday, and even though the construction and mining equipment manufacturer posted an earnings and revenue beat the stock was down 3.5%.
$KKR & Co (KKR.US)$ stock was 4.3% lower after the asset manager posted a second-quarter net loss and declining distributable earnings, which represents the cash available to pay dividends.
Shares of $Oracle (ORCL.US)$ were 0.5% lower following reports that the corporate information technology company has begun laying off workers in the U.S.
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