By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Tuesday, November 8th. Please refresh for updates.
Take-Two (NASDAQ: TTWO ) stock fell 16% after the video game maker lowered its annual sales forecast late Monday, hit by a higher dollar and a broader industry slump.
Coty (NYSE: COTY ) stock rose 2% after the beauty company beat expectations for quarterly revenue and profit as sturdy demand for its fragrances and cosmetics helped soften the hit from a strong U.S. dollar and the company's exit from Russia.
Dupont De Nemours (NYSE: DD ) stock rose 3.7% after the industrial materials maker beat third-quarter profit expectations and announced a new $5 billion share buyback scheme, boosted by strong demand for electronics and other industrial products.
TripAdvisor (NASDAQ: TRIP ) stock fell 23% after the online booking site disappointed with its quarterly earnings, hit by foreign currency fluctuations, even as it saw sustained demand for travel.
Qiagen (NYSE: QGEN ) stock rose 3.7% after the biotech company raised its outlook for the full year, now expecting sales of $2.25 billion, up from the previous at least $2.2 billion.
Dave & Buster’s (NASDAQ: PLAY ) stock rose 7.8% after Deutsche Bank upgraded its investment stance on the restaurant and entertainment chain to ‘buy’ from ‘hold’, calling it a decent risk-reward restaurant play.
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