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Stocks - Viacom Jumps in Premarket, Nike, Apple Drop, Boeing Gains

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

• Viacom (NASDAQ:VIAB) jumped 4.2% by 8:04 AM ET (12:04 GMT) as the company announced that it had renewed its contract with AT&T (NYSE:T), avoiding a blackout of MTV, Nickelodeon and Comedy Central for DirecTV users.

• Nike (NYSE:NKE) fell 0.3% after European Union antitrust regulators fined the company 12.5 million euros ($14.14 million) for restricting cross-border sales of merchandising products.

• Apple (NASDAQ:AAPL) dropped 0.3% while markets geared up for a company presentation that is expected to lift the curtain on Monday on a secretive, years-long effort to build a video-streaming prodduct.

• Boeing (NYSE:BA) gained 0.4% as the company preps to brief more than 200 global airline pilots, technical leaders and regulators on Wednesday over software and training updates for its 737 MAX aircraft.

• CalAmp (NASDAQ:CAMP) fell 2.4% after JP Morgan downgraded it to neutral from overweight, according to Briefing.com.

• Winnebago Industries (NYSE:WGO) stock declined 0.9% after the company’s fiscal second-quarter revenue was lower than expected, although earnings per share beat expectations

• Thermo Fisher Scientific (NYSE:TMO) stock could see movement in the regular session after the company announced that it would acquire Brammer Bio for approximately $1.7 billion in cash.

• Biogen (NASDAQ:BIIB) bounced 1.5% after announcing a new $5 billion buyback. The stock had fallen by nearly one-third last week after saying it had halted the development of a drug it had been developing to treat Alzheimer's.

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