3 months ago
Stock Market

Stocks - Oracle, Boeing, Sprint Jump in Premarket; Rent-A-Center Tumbles

Investing.com - Stocks in focus in premarket trade Tuesday: • Oracle (NYSE:ORCL) stock jumped 5.36% by 8:02 AM ET (13:02 GMT)

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

• Oracle (NYSE:ORCL) stock jumped 5.36% by 8:02 AM ET (13:02 GMT) as quarterly results beat consensus and the company forecast better-than-expected profit for the current quarter.

• Boeing (NYSE:BA) stock rose 2.47% after the company increased its dividend and share buyback program.

• Johnson & Johnson (NYSE:JNJ) stock rose 0.98% after the company reaffirmed its 2018 guidance and authorized $5 billion in stock buybacks.

• Sprint (NYSE:S) stock gained 3.09%, while T-Mobile US (NASDAQ:TMUS) stock rose 0.29% as the companies won U.S. security approvals needed to move forward with their merger.

• Qualcomm (NASDAQ:QCOM) stock gained 2.05% as the company stated that even with the software update released Monday, Apple (NASDAQ:AAPL) continues to violate a Chinese court order to stop selling iPhones.

Marin Software (NASDAQ:MRIN) skyrocketed 56.64% as the company announced a revenue-sharing deal with Google (NASDAQ:GOOGL) and boosted its fourth-quarter guidance.

• Navistar (NYSE:NAV) stock soared 9.06% after the company reported better-than-expected fiscal fourth-quarter results and its fiscal 2019 revenue guidance topped analysts’ estimates.

• Rent-A-Center (NASDAQ:RCII) stock tumbled 8.93% after the company terminated its merger agreement with Vintage Capital.

• Darden Restaurants (NYSE:DRI) stock advanced 1.43% after the company beat quarterly profit and same-store sales estimates and lifted its full-year guidance.

• Heico (NYSE:HEI) stock could see upside in the regular session after the company reported quarterly results that beat on the top and bottom lines.