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Stocks - Amazon, Cigna Sink in Premarket, Exxon, Merck, Honeywell, Symantec Rise

Published 02/01/2019, 08:20 AM
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Investing.com - Stocks in focus in premarket trade Friday:

• Amazon (NASDAQ:AMZN) stock sank 4.68% by 8:15 AM ET (13:15 GMT) after the company’s sales outlook disappointed.

Exxon Mobil (NYSE:XOM) jumped 2.55% after the company reported better-than-expected quarterly results.

• Merck (NYSE:MRK) stock gained 2.11% after the company reported quarterly results that were slightly above analysts’ expectations and investors focused on a 66% jump in sales of cancer drug Keytruda.

• Honeywell (NYSE:HON) stock rose 1.48% as fourth-quarter results beat consensus and the company issued stronger-than-expected guidance for 2019.

• Anheuser-Busch InBev stock edged forward 0.34% after reports that the company {{news- 1766102||would spend around $50 million on commercials for Super Bowl Sunday}} in an effort to reach 100 million U.S. viewers.

• Symantec (NASDAQ:SYMC) stock jumped 5.38% after the company reported quarterly results that beat on the top and bottom lines. It also said chief financial officer Nicholas Noviello will resign.

• Cigna (NYSE:CI) stock tumbled 5.68% after the company’s guidance for first-quarter earnings was well below consensus.

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