Pfizer, Pagerduty Rise Premarket; Stitch Fix, Amazon Fall

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Pfizer, Pagerduty Rise Premarket; Stitch Fix, Amazon Fall
Credit: © Reuters.

By Peter Nurse 

Investing.com -- Stocks in focus in premarket trade on Wednesday, December 8th. Please refresh for updates.

  • Pfizer (NYSE: PFE ) stock rose 0.4% after the drugmaker said a three-shot course of its Covid-19 vaccine, developed in conjunction with BioNTech, was shown to have a neutralizing effect against the new Omicron coronavirus variant in a laboratory test. BioNTech (NASDAQ: BNTX ) stock rose 0.1%, overturning earlier losses. 

  • Stitch Fix (NASDAQ: SFIX ) stock slumped 25% after the online personal styling company reported a fiscal first-quarter loss and offered up a disappointing outlook in a sign that it’s struggling to recapture its pandemic-fueled growth. 

  • Pagerduty (NYSE: PD ) stock rose 9% after the software company reported a smaller than expected third-quarter loss, along with strong revenue growth and positive fourth-quarter guidance.

  • ChargePoint (NYSE: CHPT ) stock fell 4.4% after the company, which provides hardware and software for electric vehicle charging stations, reported a hefty quarterly loss even as revenue increased 79% year over year.

  • Dave & Buster’s Entertainment (NASDAQ: PLAY ) stock rose 4.7% after the restaurant and entertainment business reported strong third quarter earnings, adding that its business recovery has strengthened through the first five weeks of the fourth quarter.

  • Amazon (NASDAQ: AMZN ) stock fell 0.9% the day after a major outage disrupted the online retail giant's cloud services, temporarily knocking out a wide range of apps and its e-commerce website as consumers shopped ahead of Christmas. 

  • Blackstone (NYSE: BX ) stock fell 2.4% after the private equity giant revealed a sale of shares by Hamilton E. James, its executive vice chairman.

  • Southwest Airlines (NYSE: LUV ) stock rose 0.2% after the airline said it was expecting to be profitable in the fourth quarter as travel rebounds, a change after it had previously expected a loss for the quarter due to higher fuel prices.

 

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