Wednesday, February 8, 2023
HomeUncategorizedThe Biggest-Moving Premarket Stocks Include Boeing, News Corp, AT&T, Microsoft, And Others

The Biggest-Moving Premarket Stocks Include Boeing, News Corp, AT&T, Microsoft, And Others

Boeing – Despite a resurgence in demand, the aircraft manufacturer reported earnings and revenue that fell short of forecasts, causing the stock to fall nearly 1.7% in the premarket. The corporation blamed the underwhelming results on labor and supply difficulties.

Fox News, News Corporation
— After Rupert Murdoch abandoned his ambitions to merge Fox News and News Corp, which faced opposition from shareholders, the two businesses’ shares rose 4.9% and 1.8%, respectively.

Following the release of the telecommunications giant’s fourth-quarter report on Wednesday, which showed an increase in subscribers but forecasted an annual profit below forecasts, shares of AT&T increased 1.8%.

— Microsoft Following the software behemoth’s release of a gloomy revenue projection for the current quarter, Microsoft shares fell by close to 3%. The tech leader outperformed estimates for earnings, but said new business growth.

Source (CNBC)

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