Apple, Smith & Wesson, Stitch Fix fall premarket; MongoDB rises

  • Stock Market News
Apple, Smith & Wesson, Stitch Fix fall premarket; MongoDB rises
Credit: © Reuters.

By Peter Nurse -- Stocks in focus in premarket trade on Wednesday, December 7th. Please refresh for updates.

  • Apple (NASDAQ: AAPL ) stock fell 1.6% after Bloomberg reported that the tech giant has scaled back self-driving plans for its future electric vehicle and postponed the car's target launch date to 2026.

  • MongoDB (NASDAQ: MDB ) stock rose 26% after the cloud database company reported a surprise quarterly profit and raised its full-year forecast, saying consumption trends for its Atlas cloud database service are improving.

  • Campbell Soup (NYSE: CPB ) stock rose 2.1% after stronger than expected quarterly results and raised its annual sales and profit forecasts, helped by strong pricing, improved productivity and supply chain improvements.
  • Dave & Buster’s Entertainment (NASDAQ: PLAY ) stock fell 5.9% after the restaurant and video arcade operator registered a drop in walk-in comparable store sales of 2.4% versus the comparable period in 2021.

  • Smith & Wesson (NASDAQ: SWBI ) stock fell 9.3% after the firearms manufacturer reported a 47% drop in gun sales in the second quarter of the year.

  • Stitch Fix (NASDAQ: SFIX ) stock fell 3% after the online personal styling service reported a wider-than-expected loss and set a revenue forecast below expectations.

  • Boeing (NYSE: BA ) stock fell 1.4% after U.S. lawmakers declined to extend an annual defense bill deadline that would impose a new safety standard for modern cockpit alerts for two new versions of the aerospace company's best-selling 737 MAX aircraft.

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