Pfizer, Pagerduty Rise Premarket; Stitch Fix, Amazon Fall

Investing.com

Wed, Dec 8, 2021, 3:02 AM2 min read

In this article:

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Wednesday, December 8th. Please refresh for updates.

Pfizer (NYSE:PFE) stock rose 0.4% after the drugmaker said a three-shot course of its Covid-19 vaccine, developed in conjunction with BioNTech, was shown to have a neutralizing effect against the new Omicron coronavirus variant in a laboratory test. BioNTech (NASDAQ:BNTX) stock rose 0.1%, overturning earlier losses.

Stitch Fix (NASDAQ:SFIX) stock slumped 25% after the online personal styling company reported a fiscal first-quarter loss and offered up a disappointing outlook in a sign that it’s struggling to recapture its pandemic-fueled growth.

Pagerduty (NYSE:PD) stock rose 9% after the software company reported a smaller than expected third-quarter loss, along with strong revenue growth and positive fourth-quarter guidance.

ChargePoint (NYSE:CHPT) stock fell 4.4% after the company, which provides hardware and software for electric vehicle charging stations, reported a hefty quarterly loss even as revenue increased 79% year over year.

Dave&Buster’s Entertainment (NASDAQ:PLAY) stock rose 4.7% after the restaurant and entertainment business reported strong third quarter earnings, adding that its business recovery has strengthened through the first five weeks of the fourth quarter.

Amazon (NASDAQ:AMZN) stock fell 0.9% the day after a major outage disrupted the online retail giant's cloud services, temporarily knocking out a wide range of apps and its e-commerce website as consumers shopped ahead of Christmas.

Blackstone (NYSE:BX) stock fell 2.4% after the private equity giant revealed a sale of shares by Hamilton E. James, its executive vice chairman.

Southwest Airlines (NYSE:LUV) stock rose 0.2% after the airline said it was expecting to be profitable in the fourth quarter as travel rebounds, a change after it had previously expected a loss for the quarter due to higher fuel prices.

Pfizer, Pagerduty Rise Premarket; Stitch Fix, Amazon Fall

U.S. auto safety agency discussing video game feature with Tesla

Wall Street Opens Mixed as Omicron Relief Rally Fizzles; Dow up 17 Pts

Mark Zuckerberg got $24.4 million in ‘other compensation’ in 2023—but Meta also treated staff well, with the median employee making $379,000
On paper, Mark Zuckerberg is Meta’s lowest-paid employee, with a $1 dollar salary and no bonus.
Fortune•1d ago
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
Southwest Airlines will limit hiring and stop flying to four airports as it copes with weak financial results and delays in getting new planes from Boeing. Both Southwest and American Airlines reported first-quarter losses Thursday. CEO Robert Jordan said the airline was reacting quickly “to address our financial underperformance," including by slowing down hiring and asking employees to take time off.
Associated Press Finance•3h ago
$433 Billion Gone! One Stock Loses More Value Than Tesla
Tesla's loss of $328.3 billion this year in stock value certainly hurts. But it's only the second-largest market value loss in the S&P 500.
Investor's Business Daily•1d ago
Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap
(Bloomberg) -- Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a significant slowdown in the world’s largest economy and persistent inflation pressures.Most Read from BloombergMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesZuckerberg Asks for Patience as Meta’s AI Push Spooks MarketHow to
Bloomberg•43m ago
The Vanguard 500 Index Fund Is Great, But Another Vanguard ETF Has Outperformed It the Past Decade
This growth ETF has nicely outperformed the S&P 500 since its inception.
Motley Fool•5h ago
Here Are My Top 5 Dividend Kings to Buy Right Now
Dividend Kings are hard to come by, but these five stocks offer investors some great passive income opportunities.
Motley Fool•1h ago
Southwest to Exit Four Airports as Boeing’s Problems Ripple Through Industry
Its adjusted quarterly loss was worse than expected despite record operating revenue fueled by strong travel demand.
The Wall Street Journal•3h ago
Stock market today: US stocks tumble after Meta's reality check, soft GDP print
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.
Yahoo Finance•1h ago
China's Temu Takes Over 17% Of US Market Share, Cutting Jobs From American Amazon And Decimating Small Businesses
With rising inflation, American consumers are increasingly turning to the Chinese e-commerce platform Temu for their shopping needs. With its enticing tagline “Shop like a billionaire,” Temu has captured 17% of the U.S. market share, posing a challenge to traditional American retailers such as Amazon.com Inc., Dollar Tree Inc. and Five Below Inc. The rise highlights the lucrative and disruptive nature of startups. Owned and operated by PDD Holdings Inc. (NASDAQ:PDD), Temu offers a wide range of
Benzinga•18h ago
One Member of Congress Is Going Against the Grain and Selling This Skyrocketing Stock-Split Stock
One of Capitol Hill's most-active stock traders is sending a company with well-defined competitive advantages -- that also happens to be on the verge of its first-ever stock split -- to the chopping block.
Motley Fool•6h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Pfizer, Pagerduty Rise Premarket; Stitch Fix, Amazon Fall

Recommended Stories

Mark Zuckerberg got $24.4 million in ‘other compensation’ in 2023—but Meta also treated staff well, with the median employee making $379,000

Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well

$433 Billion Gone! One Stock Loses More Value Than Tesla

Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap

The Vanguard 500 Index Fund Is Great, But Another Vanguard ETF Has Outperformed It the Past Decade

Here Are My Top 5 Dividend Kings to Buy Right Now

Southwest to Exit Four Airports as Boeing’s Problems Ripple Through Industry

Stock market today: US stocks tumble after Meta's reality check, soft GDP print

China's Temu Takes Over 17% Of US Market Share, Cutting Jobs From American Amazon And Decimating Small Businesses

One Member of Congress Is Going Against the Grain and Selling This Skyrocketing Stock-Split Stock