⌛ Did you miss ProPicks’ 13% gains in May? Subscribe now & catch June’s top AI-picked stocks early.Unlock Stocks

AMC Entertainment, Boot Barn, Boeing fall premarket; Nextracker rises

Published 15/05/2024, 12:48
© Reuters
BA
-
WMT
-
TSLA
-
NYCB
-
AMC
-
BOOT
-

Investing.com -- U.S. stock futures traded in a calm fashion Wednesday, ahead of the release of key consumer inflation data, which could dictate future Federal Reserve thinking on interest rates.

Here are some of the biggest premarket U.S. stock movers today:

  • AMC Entertainment (NYSE:AMC) stock fell 11%, after this week’s hefty gains, following the cinema chain’s disclosing a debt-for-equity swap that will see it issue over 23 million shares.

  • Boot Barn (NYSE:BOOT) stock fell 6.5% after the footwear retailer forecast sales trends for the fiscal year ahead that were below expectations amid continuing tepid demand from shoppers.

  • Nextracker (NASDAQ:NXT) stock rose 14% after the solar tracker manufacturer posted quarterly earnings and revenue above expectations, driven by robust demand in U.S. and international markets.

  • Boeing (NYSE:BA) stock fell 1.1% after the U.S. Justice Department said that the aircraft manufacturer had breached its obligations in a 2021 agreement that shielded the planemaker from criminal prosecution over fatal 737 MAX crashes.

  • New York Community Bancorp (NYSE:NYCB) stock rose 3.9% after the lender agreed to sell a portfolio of about $5 billion in mortgage warehouse loans to JPMorgan.

  • Walmart (NYSE:WMT) stock rose 0.1% after the retail giant announced that it plans to cut hundreds of jobs at its corporate headquarters and relocate a majority of its U.S. and Canada-based remote workforce to three offices.

  • Tesla (NASDAQ:TSLA) stock fell 0.2% after the EV manufacturer faced a 11% week-over-week decline in Chinese sales, with sales dropping to 9,800 units.

  • Dlocal (NASDAQ:DLO) stock fell 28% after the fintech company released its first-quarter financial report, which fell short of Wall Street expectations.

Latest comments

Loading next article…
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.