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Nvidia, Roblox, Sherwin-Williams rise premarket; Trump Media falls

Published 11/04/2024, 07:44 AM
© Reuters
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Investing.com -- US stock futures edged higher Monday, at the start of a week that includes a tightly-fought presidential election, a Federal Reserve policy meeting and more corporate earnings.

Here are some of the biggest premarket US stock movers today:

  • Nvidia (NASDAQ:NVDA) stock rose 1.5% after S&P Dow Jones Indices said on Friday the company would replace Intel (NASDAQ:INTC) in the Dow Jones Industrial Average. Intel shares dropped 1.6%.

  • Trump Media & Technology (NASDAQ:DJT) stock fell 7.6% as investors reassessed Donald Trump's chances of winning the US presidential election.

  • Marriott International (NASDAQ:MAR) stock fell 2.3% after the hotel operator cut its annual profit forecast, as domestic travel demand in the U.S. and China remains weak.

  • Boeing (NYSE:BA) stock fell 0.1%, handing back some of the previous session’s strong gains, with the planemaker’s West Coast factory workers set to vote on an improved contract offer that could end a seven-week strike and restart jet production.

  • Roblox (NYSE:RBLX) stock rose 3.3% after Morgan Stanley upgraded its stance on the game platform to ‘overweight’ from ‘equal weight’, saying its shares could more than double.

  • Phunware (NASDAQ:PHUN) stock slumped 11% after the mobile-advertising company said that CFO Troy Reisner is stepping down, by the end of the month, creating a degree of uncertainty.

  • Sherwin-Williams (NYSE:SHW) stock rose 4.6% following the news that the paint and coating manufacturing company would be included in the Dow Jones Industrial Average.

  • Viking Therapeutics (NASDAQ:VKTX) stock rose 5.4% after the biotech posted data on its oral weight-loss drug showing better-than-expected results from a Phase 1 trial.

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