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FireEye and GameStop Fall Premarket; Chewy Rises

Published 12/09/2020, 08:07 AM
Updated 12/09/2020, 08:08 AM
© Reuters.
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By Peter Nurse 

Investing.com -- Stocks in focus in premarket trade on Wednesday, December 9th. Please refresh for updates.

  • FireEye (NASDAQ:FEYE) stock fell 8.5% after the cybersecurity company said on Tuesday that it had been hacked, adding that the hackers appeared interested in a subset of customers, namely government agencies. It said it believed the attack was state-sponsored, but didn't mention which state it suspected.

  • Chewy (NYSE:CHWY) stock rose 0.2% after the online retailer of pet foods and products delivered a 45% jump in revenue and a smaller-than-expected loss in its third-quarter results. The stock is up over 170% year-to-date.

  • Penumbra (NYSE:PEN) stock rose 2%, rebounding after dropping around 9% Tuesday after short seller Quintessential Capital Management issued a critical report about the company. Penumbra responded by calling its claims baseless.

  • Doordash (NYSE:DASH) stock will be in focus as the food delivery company starts trading after its IPO, selling its shares at $102 apiece - well above its target range. That will see it raise $3.37 billion and achieve a valuation of nearly $40 billion.

  • Campbell Soup (NYSE:CPB) stock fell 1.8% after the food company issued disappointing guidance for its fiscal second quarter, despite raising its dividend by 6%.

  • GameStop (NYSE:GME) stock slumped 16% after the video game retailer disappointed with weak third-quarter revenue, citing delayed game releases and lower store sales. 

  • United Natural Foods (NYSE:UNFI) stock fell 7.7% after the wholesale grocery distributor disappointed during the latest quarter, citing higher costs during the pandemic.

 

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