There are some of the biggest moves in the pre market.
After it agreed to be acquired by JetBlue for $33.50 per share in cash, Spirit shares rose 3.9% before the market opened. Yesterday, the shareholders of Spirit rejected the merger with Frontier Group. The stock of Frontier was little changed while the stock of JetBlue was little changed.
The tool maker's stock slumped in the premarket after quarterly results missed analysts' estimates on the top and bottom lines. Stanley Black & Decker expects demand to return to normal in the second half of the year.
The shares of solar companies jumped in the premarket after Sen. Joe Manchin agreed to support the bill. Sunrun (RUN) surged 11.2%, Sunnova (NOVA) rallied 13.0%, First Solar (FSLR) jumped 9.9% and SunPower (SPWR) leaped 11.9%
Despite beating top and bottom line estimates, the company's stock slid in premarket trading. The NBCUniversal parent didn't see a growth in broadband subscribers because of the strong sign ups for the Pandemic vaccine.
Southwest Airlines reported better-than- expected profit and revenue for the second quarter. After issuing mixed guidance and a prediction of continued rising costs, the stock sank in the pre market.
The motorcycle maker's shares jumped 5% in the premarket after it reported better-than- expected second quarter profit and revenue. There was a two-week production suspension during the quarter due to a supplier issue.
Meta shares fell in the premarket after the company reported lower-than- expected earnings and revenue. Meta's revenue fell for the first time, due to a drop in digital advertising.
Ford surged in premarket trading after it beat profit and revenue estimates. Ford earned $68 cents per share, compared to a consensus estimate of 45 cents a share, as the company had more cars to sell.
Despite a top- and bottom-line beat for the chip maker, the shares sank in premarket action. The current-quarter outlook was weaker than expected.
Best Buy lost 3.8% in the pre market after cutting its full-year sales and profit forecast. Higher prices for food and fuel have led to a decline in demand for consumer electronics.
The online marketplace operator reported better-than- expected quarterly sales and profit. There was an increase in ad sales.
Teladoc Health's stock plummeted 25.3% in premarket action as it posted a larger than expected quarterly loss.