Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

News Spotlights Stocks

Meta Platforms, Icahn Enterprises, Fisker rise premarket; FMC falls

post-img

U.S. futures traded largely flat Monday, at the start of a week that includes the release of key inflation data. which could guide the Federal Reserve with its monetary policy, as well as the start of the new quarterly earnings season.

Here are some of the biggest premarket U.S. stock movers today:

Icahn Enterprises (NASDAQ:IEP) stock rose 12.6% after the WSJ reported that the renowned financier Carl Icahn and banks have finalized amended loan agreements that untie Icahn’s personal loans from the trading price of Icahn Enterprises, months after short-seller Hindenburg flagged margin call risks.

Meta Platforms (NASDAQ:META) stock rose 1.1% after its Threads online social media service hits 100 million users, potentially threatening Twitter’s popularity.

Helen of Troy (NASDAQ:HELE) stock rose 9.3% after the consumer products retailer beat expectations for first-quarter profit and sales, even as discretionary spending fell.

Citigroup (NYSE:C) stock rose 0.4%, Wells Fargo (NYSE:WFC) stock rose 0.3%, and JPMorgan Chase (NYSE:JPM) stock rose 0.5% ahead of Friday’s quarterly earnings reports.

XPeng (NYSE:XPEV) stock fell 2.1% and Li Auto (NASDAQ:LI) stock fell 1.9% after China Association of Auto Manufacturers retracted a pledge over the weekend to avoid “abnormal pricing”.

FMC (NYSE:FMC) stock fell 7.6% after the chemical manufacturing company slashed its revenue outlook, citing “abrupt and unprecedented” volume declines.

Fisker (NYSE:FSR) stock rose 1.3% after the electric vehicle manufacturer announced a convertible notes offering of $340 million and said it could be increased to $680M.

Related Post