Connect with us

Hi, what are you looking for?

Stock

DocuSign, Five Below Rise Premarket; AMC Entertainment Falls

imageStock Markets19 minutes ago (Jun 04, 2021 07:52AM ET)

(C) Reuters

By Peter Nurse

Investing.com — Stocks in focus in premarket trade on Friday, June 4th. Please refresh for updates.

  • AMC Entertainment (NYSE:AMC) stock fell 9%, continuing Thursday’s 18% selloff after the meme stock favorite sold over 11 million shares, raising almost $600 million. The movie theater chain also filed a preliminary proxy seeking permission to sell 25 million more shares in 2022.

  • DocuSign (NASDAQ:DOCU) stock rose 6.6% after the company, which allows organizations to manage electronic agreements, benefited from strong demand for the company’s digital platform as the concept of working from home gets more widely adopted.

  • Lululemon Athletica (NASDAQ:LULU) stock rose 0.5% after the athletic apparel retailer raised its guidance for the year, riding on demand for its clothing as more people, coming out of a pandemic, look for healthier ways of living.

  • Facebook (NASDAQ:FB) stock fell 0.5% after regulators in the U.K. and the EU launched formal competition investigations into practices at the social media giant on the same day.

  • Broadcom (NASDAQ:AVGO) stock rose 0.3% after the semiconductor company reported current-quarter revenue above expectations, benefiting from the rising adoption of 5G technology.

  • Wells Fargo (NYSE:WFC) stock rose 1% after Bank of America (NYSE:BAC) upgraded its stance on the U.S. bank to ‘buy’ from ‘neutral’, saying it still has significant upside, despite gains of 50% so far this year, as its new leadership team tries to find new revenue streams and appease regulators.

  • Five Below (NASDAQ:FIVE) stock rose 5.2% after the discount retailer comfortably beat first-quarter profit and revenue expectations, with comparable-store sales surging 162% from the same quarter a year ago.

  • ChargePoint (NYSE:CHPT) stock rose 2% after the electric vehicle infrastructure company maintained its 2021 revenue outlook despite reporting a wider-than-expected loss for its latest quarter.

  • MongoDB (NASDAQ:MDB) stock rose 4.7% after the database platform provider reported a lower loss than expected for its latest quarter. Subscription sales also jumped 40%, and the company forecast a lower-than-expected full-year loss.

  • Zumiez (NASDAQ:ZUMZ) stock rose 4.9% after the specialty clothing store reported a bigger than expected first-quarter profit, with the company saying its business has recovered beyond pre-pandemic levels.

DocuSign, Five Below Rise Premarket; AMC Entertainment Falls

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

image

Our Apps

DOWNLOAD APPApp store

Investing.com

(C) 2007-2021 Fusion Media Limited. All Rights Reserved

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.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Stock

Stock Markets25 minutes ago (Jul 16, 2021 05:46PM ET) (C) Reuters. FILE PHOTO: Johnson & Johnson’s Neutrogena Cool Dry Sport sunscreen, which is part...

Tech

Builders, creators and developers, this one’s for you! TechCrunch has always been about discovering fresh solutions and shining the light on exciting, new products...

Disclaimer: Wisegazette.com it's managers and its employees (collectively "The Company") do not make any guarantee or warranty about what is advertised or above. Information provided by this website is for research purposes only and should not be considered as personalized financial or health advice. Copyright © 2021 Wise Gazette. All Rights Reserved