💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Stocks - Twitter, Intel Tumble in Pre-market, Amazon, Chipotle Jump, Exxon Sinks

Published 07/27/2018, 08:23 AM
© Reuters.  Stocks in focus in pre-market trade on Friday
INTC
-
AMZN
-
XOM
-
CMG
-
TWTR
-

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

• Twitter (NYSE:TWTR) stock tumbled 14.18% by 8:10 AM ET (12:10 GMT) after the company reported that monthly active users fell by 1 million to 335 million in the second quarter. That compared to a Factset estimate of 338.5 million.

• Amazon.com (NASDAQ:AMZN) stock jumped 4.23% as the online retailer forecast operating income of between $1.4 billion and $2.4 billion for the third quarter, beating analyst estimates of $843 million.

• Intel (NASDAQ:INTC) stock sank 6.77% as its data center results and margin outlook disappointed.

Exxon Mobil (NYSE:XOM) slumped 3.3% as the company reported second-quarter results and earnings per share, assuming dilution, of $0.92, compared to expectations of $1.28.

• Chipotle Mexican Grill (NYSE:CMG) stock soared 5.43% as its second-quarter comparable sales rose 3.3%, compared to the Thomson Reuters estimate of 2.7%.

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.