U.S. STOCKS ON THE MOVE-Snap, Ford, VF Corp

WestRock Co

07/02/2024 12:24

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U.S. stock index futures were muted on Wednesday though shares of Ford and Snap
saw significant moves following their quarterly results, while investors were on
the look out for clues from policymakers on the outlook for interest-rate cuts.
 .N 
    
    At 7:17 ET, Dow e-minis  1YMc1  were down 0.14% at 38,558. S&P 500 e-minis
 ESc1  were down 0.05% at 4,972.25, while Nasdaq 100 e-minis  NQc1  were up
0.03% at 17,665.25.
 
 The top three NYSE percentage gainers premarket  .PRPG.NQ :
 ** MariaDB  MRDB.K , up 124.3%
 ** Glatfelter Corp  GLT , up 21.1%
 ** Yum China Holdings  YUMC.K , up 13.6%
 
 The top three NYSE percentage losers premarket  .PRPL.NQ :
 ** Snap  SNAP.K , down 31.7%
 ** Triumph Group  TGI , down 21%
 ** fuboTV  FUBO.K , down 12.5%
 
 The top three Nasdaq percentage gainers premarket  .PRPG.O :
 ** MicroCloud Hologram  HOLO.O , up 64.2%
 ** Griid Infrastructure  GRDI.O , up 23.1%
 
 The top three Nasdaq percentage losers premarket  .PRPL.O :
 ** ADDvantage Technologies  AEY.O , down 27.4%
 ** Vast Renewables  VSTE.O , down 20.3%
 ** Nova LifeStyle  NVFY.O , down 18%
 
 
 ** New York Community Bancorp Inc  NYCB.N : down 4.3% premarket
 BUZZ - J.P. Morgan downgrades New York Community Bancorp to "neutral", sees
more headwinds  urn:newsml:reuters.com:*:nL4N3ES2FW 

 ** Snap Inc  SNAP.N : down 31.7% premarket
 BUZZ - Declines after Q4 revenue miss  urn:newsml:reuters.com:*:nL4N3ES2I6 
    
 ** WestRock Co  WRK.N : up 6.0% premarket
 BUZZ - Climbs after rival Smurfit Kappa's results signal demand recovery
 urn:newsml:reuters.com:*:nL4N3ES2IA 
    
 ** Lumen Technologies Inc  LUMN.N : up 5.9% premarket
 BUZZ - Up after reporting surprise quarterly profit  urn:newsml:reuters.com:*:nL4N3ES2JT 
    
 ** Ford Motor Co  F.N : up 6.2% premarket
 BUZZ - Jumps on announcing extra dividend  urn:newsml:reuters.com:*:nL4N3ES2LC 
    
 ** Fortinet Inc  FTNT.O : up 9.4% premarket
 BUZZ - Up after Q4 results beat, brokerages raise PT  urn:newsml:reuters.com:*:nL4N3ES2LW 
    
 ** FuboTV Inc  FUBO.N : down 12.5% premarket
 BUZZ - Slides as new sports streaming app fuels competition concerns
 urn:newsml:reuters.com:*:nL4N3ES2QV 
    
 ** Cognizant Technology Solutions Corp  CTSH.O : down 7.1% premarket
 BUZZ - Falls on weak FY revenue forecast  urn:newsml:reuters.com:*:nL4N3ES2SM 
    
 ** VF Corp  VFC.N : down 10.9% premarket
 BUZZ - Falls as Q3 revenue, profit miss expectations  urn:newsml:reuters.com:*:nL4N3ES2Y0 
    
 ** Target Corp  TGT.N : up 1.9% premarket
 BUZZ - Up on report of plan for paid membership program  urn:newsml:reuters.com:*:nL4N3ES2YC 
    
 ** Hilton Worldwide Holdings Inc  HLT.N : down 0.8% premarket
 BUZZ - Down after forecasting 2024 profit below estimates  urn:newsml:reuters.com:*:nL4N3ES2XL 
    
 ** Bunge Global Sa  BG.N : up 2.2% premarket
 BUZZ - Rises after beating Q4 profit estimates  urn:newsml:reuters.com:*:nL4N3ES2QN 

 (Compiled by Rajarshi Roy and Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com;))