Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Stocks - Alcoa Jumps in Pre-market; Endocyte Surges; Travelers, Philip Morris Rise

Published 10/18/2018, 08:24 AM
Updated 10/18/2018, 08:33 AM
© Reuters.  Stocks in focus in pre-market trade on Thursday.
AA
-
STZ
-
PM
-
TRV
-
ECYT
-
HMNY
-
NVS
-

Investing.com - Stocks in focus in pre-market trade Thursday:

Alcoa (NYSE:AA) stock jumped 4.58% by 8:20 AM ET (12:20 GMT) after the company reported better-than-expected quarterly profit thanks to rising aluminum prices.

Endocyte (NASDAQ:ECYT) stock skyrocketed 50.51% after Novartis (NYSE:NVS) agreed to buy the company for $2.1 billion, or $24 a share, in cash.

• Travelers (NYSE:TRV) stock gained 0.44% after the company reported third quarter results that beat on the top and bottom lines.

• Philip Morris (NYSE:PM) stock rose 2.29% as third-quarter results topped estimates.

• Helios and Matheson Analytics (NASDAQ:HMNY) stock slumped 17.5% after CNBC reported that New York Attorney General Barbara Underwood had opened an investigation to examine if the MoviePass owner had misled investors about its financial health.

• Constellation Brands (NYSE:STZ) stock dropped 0.62% after the company announced that CEO Rob Sands will step down next March.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.