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Today's Pre-Market Movers and Top Ratings | WMT, LOW, SMCI, GOOGL and More

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Movers and Shakers wrote a column · Nov 19, 2024 21:26
Morning Movers
Gapping up
$Walmart (WMT.US)$ Following a report of third-quarter earnings surpassing expectations and an uplift in its annual earnings forecast, Walmart's stock increased by 3.2%.
Shares of $Super Micro Computer (SMCI.US)$ surged over 25% after the company announced a new auditor appointment and confirmed progress towards filing its annual financial reports.
$Medtronic (MDT.US)$ saw a modest stock increase of 0.2% after raising the lower end of its annual profit forecast again, reflecting ongoing strong demand for its medical devices in the US.
$Berry Global Group (BERY.US)$ 's shares climbed 4.7% after the announcement of its acquisition by Amcor for approximately $8.4 billion, signaling a warming merger and acquisitions environment.
$BioNTech (BNTX.US)$ 's stock appreciated by 1.7% after an upgrade from Evercore ISI to ‘outperform’ due to favorable valuation and promising developments in its oncology pipeline.
$AgEagle Aerial Systems (UAVS.US)$ increased by 3.3% in pre-market trading, having recently announced that the company was invited to the White House for strategic discussions on the future development of commercial unmanned aircraft.
Gapping down
$Lowe's Companies (LOW.US)$ 's experienced a 1.1% decrease in its stock value after reporting a decline in annual comparable sales, indicating a persistent weakness in demand for high-ticket DIY items.
$Alphabet-A (GOOGL.US)$ 's shares dropped by 0.4% amid news from Bloomberg that the Department of Justice might advise the tech giant to divest its Chrome browser as a move in its antitrust measures.
Source: CNBC; Investing.com
US Top Rating Updates on 11/19
Today's Pre-Market Movers and Top Ratings | WMT, LOW, SMCI, GOOGL and More
Source: TipRanks
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