Investing.com - Stocks in focus in pre-market trade Friday:
• Gap (NYSE:GPS) stock tumbled 7.58% by 8:07 AM ET (12:07 GMT) as the company reported a worse-than-expected drop in same-store sales.
• Ross Stores (NASDAQ:ROST) sank 4.56% after the company provided weak third quarter guidance.
• Intuit (NASDAQ:INTU) stock fell 1.15% as the company announced that chief executive officer Brad Smith will step down at year end.
• Apple (NASDAQ:AAPL) stock gained 0.42% amid a CNBC report that the company had attracted scores of Tesla (NASDAQ:TSLA) employees since 2017 for a variety of its products beyond its stealthy vehicle initiative, Project Titan.
• HP (NYSE:HPQ) slid 3.00% despite reporting better-than-expected quarterly results and raising its adjusted profit forecast for the year. Analysts attributed the decline in shares to disappointing margins at its printer business.
• Foot Locker (NYSE:FL) stock rose 0.77% after second-quarter profit and sales topped expectations.
• Splunk (NASDAQ:SPLK) stock soared 9.07% after the company reported second-quarter results that beat consensus.