Check out which companies are making headlines before the bell.
Micron — Shares fell about 6% as the semiconductor manufacturer reported revenue projections of $7.6 billion for the upcoming quarter, in line with analyst estimates.
GSK — The biopharmaceutical company’s shares fell roughly 2% after the Centres for Disease Control and Prevention declined to recommend RSV vaccinations for adults under the age of 60.
Levi Strauss — The denim maker’s stock fell 15.4% after revenue for the second fiscal quarter was $1.44 billion, slightly below than the LSEG consensus projection of $1.45 billion.
International Paper – The paper manufacturing company fell 13% after Suzano opted to end talks on a prospective merger.
Walgreens Boots Alliance — Shares fell more than 11% after the retail pharmacy firm disclosed lower third-quarter results and reduced its full-year adjusted profit projection.
Goldman Sachs – The U.S. banks shares fell roughly 2% following the most recent round of stress test findings.
AeroVironment — Despite announcing a fourth-quarter earnings and revenue beat, shares of the producer of unmanned aerial vehicles fell 6%.
United States Bancorp — J.P. Morgan downgraded the bank stock from overweight to neutral, causing it to fall by more than 1%.
Source (CNBC)
