Today's Pre-Market Stock Movers: Rail stocks, NFLX, NEE, JWN and More

$Union Pacific(UNP.US)$ , $CSX Corp(CSX.US)$, $Norfolk Southern(NSC.US)$ – Rail stocks are all higher in the premarket following news of a tentative agreement that prevents a rail workers’ strike.

CSX Corp– which also named former $Ford Motor(F.US)$ President Joe Hinrichs as its new CEO – rose 4.1% in the premarket, with Union Pacific up 3.95% and Norfolk Southern adding 1.5%.

$Wynn Resorts(WYNN.US)$ +2.5% (The casino and resort operator was upgraded to “outperform” from “neutral” at Credit Suisse, which called Wynn one of the most compelling stories in the gaming industry)

$Netflix(NFLX.US)$ +2.5% (Evercore ISI upgrade to “outperform” from “in line”. Evercore based its opinion on Netflix’s revenue opportunities from its planned ad-supported tier and limits on password sharing)

$Danaher(DHR.US)$ +4.2% (the company announced plans to spin off its environmental and applied sciences unit into a separate company. The transaction is expected to close in the fourth quarter of 2023)

$American International Group(AIG.US)$ +1.75% (the insurer’s life insurance unit CoreBridge raised $1.68 billion in the biggest initial public offering of 2022. In the IPO, 80 million CoreBridge shares were sold at $21 per share, at the low end of the projected $21-to 24 range)

$Nordstrom(JWN.US)$ +2.6% (Jeffries upgraded the stock to “buy” from “hold”. The firm said younger and wealthier consumers will be spending on major wardrobe upgrades, and Nordstrom is best poised to benefit from that trend)

$Arconic(ARNC.US)$ -9.8% (the aluminum products maker cut its annual forecast due to a variety of production costs and higher energy costs in Europe)

$NextEra Energy(NEE.US)$ -3.5% (NextEra Energy plans to sell $2 billion in equity units, with the alternative energy company planning to add the proceeds to the general funds of its NextEra Energy Capital Holdings subsidiary. )