Twitter, Shell Fall Premarket; Pinterest Rises
By Scott Kanowsky
Investing.com -- Stocks in focus in premarket trade on Thursday, October 6th. Please refresh for updates.
- Peloton Interactive Inc (NASDAQ: PTON ) shares moved 0.6% higher in volatile premarket dealmaking after the exercise equipment maker reportedly told staff that it plans to slash 500 jobs in a bid to restructure the business.
- Twitter Inc (NYSE: TWTR ) shares slumped 2.1% in early hours trading as the drama over Elon Musk's $44 billion proposed buyout of the social platform, with negotiators reportedly hashing out the details of purchase.
- Shell (NYSE: SHEL ) stock fell 5.4% after the energy giant warned that lower refining margins will hit third-quarter earnings.
- Conagra (NYSE: CAG ) stock rose 0.6% after the food producer posted better-than-expected quarterly sales and backed its annual outlook.
- Pinterest Inc (NYSE: PINS ) shares jumped 5.6% after Goldman Sachs upgraded its rating of the image-sharing business to "buy" from "neutral."
- Compass Inc (NYSE: COMP ) shares surged 5.9% after a report emerged that Vista Equity Partners is seeking to take the real estate firm private.
- Take-Two Interactive Software Inc (NASDAQ: TTWO ) shares moved 3.1% higher after Goldman Sachs analysts raised their rating for the videogame maker to "buy" from "neutral."
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.
Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb
Drop an image here or