Stocks - Pfizer, Verizon, PG&E Slump in Premarket, Harley Davidson Tumbles
Investing.com - Stocks in focus in premarket trade Tuesday:
• Pfizer (NYSE:PFE) stock slumped 3.11% by 8:08 AM ET (13:08 GMT) after the company cut its full-year profit outlook.
• Verizon (NYSE:VZ) stock fell 2.98% after the company reported lower-than-expected revenue for the fourth quarter.
• PG&E (NYSE:PCG) stock lost 2.16% after the company filed for Chapter 11 bankruptcy as investigators continue to probe its responsibility for the deadliest fire in California’s history.
• Xerox (NYSE:XRX) stock jumped 5.35% after the company reported fourth-quarter profit that topped consensus.
• Harley-Davidson (NYSE:HOG) stock tumbled 9.81% after the company reported fourth-quarter results that missed consensus on the top and bottom lines and gave guidance for shipping motorcycles in 2019 was less than analysts’ estimates.
• 3M (NYSE:MMM) stock gained 2.64% after better-than-expected fourth-quarter results, even though the company cut its 2019 guidance.
• Lockheed Martin (NYSE:LMT) stock fell 2.39% after fourth-quarter profit came in under forecasts and the company issued full-year guidance that missed analysts’ estimates.
• Intel (NASDAQ:INTC) stock slipped 0.04% after the company decided to invest nearly $11 billion for a new chip-making factory in Israel.
• Whirlpool (NYSE:WHR) stock sank 5.99% after the company’s forecast for full-year profit missed analysts’ expectations.
• AK Steel (NYSE:AKS) stock gained 1.85% after the company reported better-than-expected quarterly profit.
• Wynn Resorts Limited (NASDAQ:WYNN) stock could see movement in the regular session after the company agreed to a settlement regarding claims of sexual misconduct by former Chief Executive Steve Wynn.
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