Today's Pre-Market Stock Movers: BRK, OKTA, BNTX, META and More
Gapping up
$Okta(OKTA.US$ +3.9% (Guggenheim upgraded the stock to “buy” from “neutral.” It called the stock’s current valuation "too compelling to ignore.")
$Berkshire Hathaway-B(BRK.B.US$ +1.5% (Warren Buffett’s firm reported better-than-expected earnings, with revenue also topping Street forecasts. Berkshire reported an overall loss, however, as a falling stock market ate into the value of its investment portfolio.)
$Meta Platforms(META.US$ +2.6% (The Wall Street Journal reported that the Facebook parent was preparing to announce large-scale layoffs this week.)
$Ryanair(RYAAY.US$ +6.2% (it reported the largest-ever profit for the first half of the year.)
$Ouster(OUST.US$ +5.1% (The maker of lidar sensors will combine with rival $Velodyne Lidar(VLDR.US$ in a merger of equals, with Ouster and Velodyne shareholders each owning 50% of the combined company. Velodyne rallied 5.6%.)
$DoorDash(DASH.US$ +2.7% (The delivery service’s shares were upgraded to “outperform” from “perform” at Oppenheimer, which pointed to improving margins at U.S. restaurants among other factors.)
Gapping down
$BioNTech(BNTX.US$ -3.4%(The company reported better-than-expected quarterly profit and revenue. Results were down sharply from a year ago, with both profit and revenue off more than 40% from 2021′s third quarter.)
$Apple(AAPL.US$ -1.8% (it said Covid-19 restrictions are hindering iPhone production.)
$Yamana Gold(AUY.US$ -2.7% ($Gold Fields(GFI.US$ said it would not change the terms of its takeover deal with Yamana. $Agnico Eagle(AEM.US$ and $Pan American Silver(PAAS.US$ submitted a rival offer Friday, but Gold Fields maintains that its bid is superior.)
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brave Sheep_7209 : ohhh my
Brennan Saunders : myyyy oooh
shaun kohut : wait for it.. lol