By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Friday, February 24th. Please refresh for updates.
Boeing (NYSE: BA ) stock fell 2.5% after the FAA announced that the planemaker has temporarily halted deliveries of its 787 Dreamliner jets over a fuselage issue.
Beyond Meat (NASDAQ: BYND ) stock soared over 12% after the faux meat maker posted a smaller loss than expected in the fourth quarter while also beating revenue estimates.
- Goldman Sachs (NYSE: GS ) stock fell 0.4% after the investment bank said it expects potential losses from legal proceedings to be up to $2.3 billion more than the reserves it had set aside for such matters as of last year.
- Adobe (NASDAQ: ADBE ) stock fell 3.5% after Bloomberg reported that the U.S. Justice Department is preparing an antitrust lawsuit to block the software maker's $20B bid for cloud-based designer platform Figma.
Block (NYSE: SQ ) stock rose 6.4% after the payment company posted 40% growth in its gross profit in the fourth quarter, compared with the prior year.
Carvana (NYSE: CVNA ) stock fell 5.6% after the used car retailer reported a sharp rise in its net loss in the fourth quarter hurt by shrinking demand for pre-owned vehicles.
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