U.S. markets closed
  • S&P 500

    3,825.33
    +39.95 (+1.06%)
     
  • Dow 30

    31,097.26
    +321.83 (+1.05%)
     
  • Nasdaq

    11,127.84
    +99.11 (+0.90%)
     
  • Russell 2000

    1,727.76
    +19.77 (+1.16%)
     
  • Crude Oil

    108.46
    +2.70 (+2.55%)
     
  • Gold

    1,812.90
    +5.60 (+0.31%)
     
  • Silver

    19.85
    -0.50 (-2.44%)
     
  • EUR/USD

    1.0426
    -0.0057 (-0.54%)
     
  • 10-Yr Bond

    2.8890
    -0.0830 (-2.79%)
     
  • GBP/USD

    1.2103
    -0.0072 (-0.59%)
     
  • USD/JPY

    135.1750
    -0.5530 (-0.41%)
     
  • BTC-USD

    19,053.81
    -241.30 (-1.25%)
     
  • CMC Crypto 200

    420.84
    +0.70 (+0.17%)
     
  • FTSE 100

    7,168.65
    -0.63 (-0.01%)
     
  • Nikkei 225

    25,935.62
    -457.42 (-1.73%)
     

Chipotle, Omnicom and Enphase Energy Rise Premarket; Lyft Falls

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Wednesday, February 9th. Please refresh for updates.

Chipotle (NYSE:CMG) stock rose 6.3% after the burrito chain overcame higher raw material costs and a labor crunch to beat earnings estimates in the fourth quarter. Its CEO said there had been "no resistance" to its price hikes.

Lyft (NASDAQ:LYFT) stock fell 3.6% after the ride-hailing firm announced fewer active riders in the last quarter than the previous one. Its net loss narrowed to $259 million in the quarter, but the company broke even for the first time on an adjusted EBITDA basis in 2021.

Omnicom (NYSE:OMC) stock rose 7.7% after the advertising and PR giant recorded organic growth across all disciplines and geographies, helped by higher spending by clients.

CVS Health (NYSE:CVS) stock fell 1.2% despite the drugstore chain posting a 34% rise in quarterly profit, helped by Omicron-spurred demand for Covid-19 tests and vaccinations. Its stock is up over 50% over the past 12 months and touched a 52-week high earlier this week.

Enphase Energy (NASDAQ:ENPH) stock rose 20% after the renewable energy company posted record quarterly revenues, and provided upbeat guidance going forward.

Tesla (NASDAQ:TSLA) stock rose 1.7% despite the electric car manufacturer having to recall nearly 27,000 vehicles because of a windscreen defrosting software error.

XPO Logistics (NYSE:XPO) stock rose 3.8% after the freight transportation company posted better-than-expected earnings and revenue for the fourth quarter.

Xpeng (NYSE:XPEV) stock rose 6.8% after the Chinese electric car maker’s Hong Kong-listed shares were included in a trading link to mainland China, potentially expanding its investor base.

Canopy Growth (NASDAQ:CGC) stock rose 6.4% after the cannabis producer recorded a smaller loss than expected, helped by growth in its drinks and vaping categories.

Fox (NASDAQ:FOX) stock rose 1.1% after the broadcasting giant reported a 9% rise in quarterly revenues, helped by the strength of its sports portfolio.

Related Articles

Chipotle, Omnicom and Enphase Energy Rise Premarket; Lyft Falls

Toronto index opens higher as global stocks rally on upbeat earnings

Spotify chief content officer calls Joe Rogan events a 'learning experience' at ads conference