1 month ago
Stock Market

Stocks - IBM, P&G, United Tech, Comcast Soar in Premarket; Apple Rises

Investing.com - Stocks in focus in premarket trade Wednesday: • IBM (NYSE:IBM) stock surged 6.36% by

Investing.com - Stocks in focus in premarket trade Wednesday:

IBM (NYSE:IBM) stock surged 6.36% by 8:01 AM ET (13:01 GMT) as fourth-quarter results beat consensus and its full-year profit guidance topped analysts’ estimates.

• Procter & Gamble (NYSE:PG) stock jumped 4.21% as fiscal second-quarter results topped analysts’ expectations and the company lifted its forecast for full-year organic sales.

• United Technologies (NYSE:UTX) stock traded up 3.41% as the company reported a better-than-expected fourth-quarter profit Wednesday and forecast 2019 earnings above estimates.

• Comcast (NASDAQ:CMCSA) stock rose 3.55% after the company reported fourth-quarter revenue and profit that topped expectations as Internet subscribers surged.

Capital One (NYSE:COF) stock slid 4.08% the company reported quarterly profit that came in well below consensus.

• Kimberly-Clark (NYSE:KMB) stock slumped 2.11% after the company reported fourth-quarter earnings that missed analysts’ estimates.

• Apple (NASDAQ:AAPL) stock rose 0.59% amid a Digitimes report that the company will release its Airpods 2 in the first half of 2019.

• Abbott Labs (NYSE:ABT) stock slipped 2.1% after its fourth-quarter revenue fell short of consensus.

• TD Ameritrade (NASDAQ:AMTD) stock jumped 2.62% after the company reported fiscal-first quarter results that beat consensus on the top and bottom lines.

• EHealth (NASDAQ:EHTH) stock could see upside in the regular session after the company reported a better-than-expected fourth-quarter revenue forecast.

• Aphria (NYSE:APHA) stock traded down 3.11% after Green Growth Brands said it would make a second all-stock takeover bid valued at C$2.35 billion ($1.76 billion), but the company urged its shareholders to take no action while it considers the offer.

• Walgreens Boots Alliance (NASDAQ:WBA) stock advanced 0.57% as the company agreed to pay $269.2 million to settle lawsuits alleging civil fraud for overbilling, according to the U.S. Department of Justice.

• Interactive Brokers (NYSE:IBKR) stock traded down 1.14% as quarterly results missed expectations.

• Viacom (NASDAQ:VIA) stock soared 6.55% after the company confirmed that it would pay $340 million to acquire Pluto TV.

• Yum! Brands (NYSE:YUM) stock may see movement in the regular session as the president of its subsidiary Taco Bell confirmed plans to double its international footprint with an expansion in Asian markets.