By Peter Nurse
Fintech Zoom — Stocks in focus in premarket commerce on Thursday, September 24th. Please refresh for updates.
Nikola (NASDAQ:) stock slumped 10%, following on from Wednesday’s 25% drop after the Wall Street Journal reported that the electric-truck maker’s discussions with main vitality companies over hydrogen refueling stations have stalled. The Securities and Exchanges Fee is investigating fraud allegations made in a latest quick vendor’s report, which led to the resignation of its founder and chairman Trevor Milton.
Jefferies (NYSE:) stock rose 9.6% after the monetary providers agency posted sturdy third-quarter earnings outcomes late Wednesday, and elevated its stock buyback program to $250 million.
Tesla (NASDAQ:) stock fell 3.2%, extending Wednesday’s fall after the corporate’s “Battery Day” bulletins did not impress the funding group.
BlackBerry (NYSE:) stock rose 7.9% after posting sturdy outcomes, helped by sturdy demand for its safety and automobile software program
Walt Disney (NYSE:) stock rose 0.1% after the leisure big postponed nearly all of its movies scheduled for launch in 2020, together with Marvel’s Black Widow, because of the coronavirus disaster.
JPMorgan Chase (NYSE:) stock rose 0.3% after Bloomberg reported that the banking big is poised to pay near $1 billion to resolve market manipulation investigations by U.S. authorities.
Goldman Sachs (NYSE:) stock rose 1.3% after UBS upgraded its funding stance to “purchase”, saying Goldman may gain advantage farther from election-related volatility.
Ceremony Assist (NYSE:) stock rose 1.1% after the pharmacy chain mentioned its loss narrowed for the August quarter as gross sales rose amid the Covid-19 pandemic.
FedEx (NYSE:) stock rose 1.2% after the monetary info and providers supplier beat expectations amid sturdy demand throughout these unstable circumstances.
Goodrx (NASDAQ:) stock shall be within the highlight after hovering greater than 50% within the buying and selling debut after a profitable IPO.
Accenture (NYSE:) stock fell 5.5% after its income figures for the quarter dissatisfied, damage by a drop in reimbursable journey income it earned from shoppers.
Penn Nationwide Gaming (NASDAQ:) stock fell 7.5% after the net gaming firm launched a public providing of 14 million shares, representing simply over 10% of the shares excellent.
EW Scripps (NASDAQ:) stock rose 67% after the broadcasting firm introduced it’s going to purchase leisure agency ION Media in a $2.65 billion deal.
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