By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Friday, November 19th. Please refresh for updates.
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Foot Locker (NYSE:FL) stock fell 5.9% after the sports shoe retailer said it expects global supply chain constraints to hurt this quarter, even after it reported better than expected numbers for the third quarter.
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Applied Materials (NASDAQ:AMAT) stock fell 6.3% after the chipmaker forecast first-quarter sales and profit below market estimates on supply chain difficulties.
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Apple (NASDAQ:AAPL) stock fell 0.3% after rising nearly 3% on Thursday in response to a Bloomberg article saying that the tech giant, best known for its iPhone, could launch a fully-autonomous electric car as early as 2025.
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Pfizer (NYSE:PFE) stock rose 1% after BMO initiated coverage of the drugmaker at ‘outperform’, saying its Covid drugs and strong pipeline will boost the stock.
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Xpeng (NYSE:XPEV) stock rose 0.5% after the Chinese electric vehicle manufacturer unveiled a new electric sports utility vehicle, the G9, intensifying competition in the market.
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Activision Blizzard (NASDAQ:ATVI) stock rose 0.7% after more than 1,300 employees at the video game publisher signed a petition calling for CEO Bobby Kotick to resign over his alleged failure to act over harassment at the firm.
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Intuit (NASDAQ:INTU) stock soared 12% after the financial software firm reported strong fiscal first-quarter results and raised its full-year revenue guidance.
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Workday (NASDAQ:WDAY) stock fell 7.7% on valuation concerns over the cloud-based business applications company’s plan to buy VNDLY for $510 million.
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Farfetch (NYSE:FTCH) stock dropped 23% after the online luxury fashion retail platform posted a quarterly loss and offered up disappointing earnings guidance.
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Dillards (NYSE:DDS) stock rose 2.6% after the department store operator announced a special dividend, payable in the middle of December.
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Williams-Sonoma (NYSE:WSM) stock fell 7.3% after the housewares retailer reported higher than expected expenses during the quarter even as it raised its full-year forecast.