Calm After the Storm…
Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were mixed on Thursday. Tech stocks rebounded after sharp declines yesterday, with Nvidia up 2% in premarket to pace the sector. Now focus shifts to more earnings, with entertainment giant Netflix due to report this morning.
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Here’s a look at the top-moving stocks this morning.
United Airlines (Nasdaq: UAL)
United Airlines is down 0.17% in premarket trading after its third-quarter outlook fell short. For the third quarter, United projects earnings of $2.75 to $3.25 a share, while analysts tracked by FactSet have estimated third-quarter earnings of $3.38 per share.
Yesterday our Head Trading Tactician Bryan Bottarelli got positioned on an overnight trade on UAL in The War Room.
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Dominoes (NYSE: DPZ)
Dominoes is down 10.41% in premarket trading after the pizza delivery company fell short of earnings estimates for quarterly same-store sales on Thursday. Inflation played a role in the loss, as higher prices deterred U.S. consumers, particularly from the low-income group.
Nokia (NYSE: NOK)
Nokia is down 6.7% in premarket trading after the Finnish telecommunications company reduced sales expectations for the year after net sales in the second quarter declined 18%. It was a record low since 2015 and the weak telecom equipment market has prompted Nokia to overhaul its network infrastructure division.
Those are the biggest stock movers for today.
Happy trading!
The Wake-Up Watchlist Research Team
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