Stocks – Nordstrom, Ross Gain Premarket; Tesla, Pure Storage Fall

This post was originally published on this site
© Reuters. © Reuters. – Stocks in focus in premarket trading on Friday:

• Nordstrom (NYSE:) stock jumped 9% in premarket trade by 8:20 AM ET (13:20 GMT) after the retailer beat its top- and bottom-line forecasts. It also raised its 2019 guidance, narrowing its earnings expectations to between $3.30 a share and $3.50 a share.

• Tesla (NASDAQ:) stock fell 3.5% after a demonstration of its new ‘Cybertruck’ showed that its supposedly bulletproof glass was easily damaged.

• Pure Storage (NYSE:) stock slumped 21% after the data-storage company posted disappointing results and lowered its full-year forecast.

• Splunk (NASDAQ:) stock rose 7.4% after a strong quarter that led it to raise its fourth-quarter and fiscal year 2020 revenue forecasts.

• Ross Stores (NASDAQ:) stock gained 1.1% after a strong third-quarter in which same-store sales came in above predictions. The retailer also increased its fiscal 2020 earnings forecast.

• Williams-Sonoma (NYSE:) stock tumbled 5.1% after its same-store sales fell 2.1%, more than the 1% drop expected.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment