JPMorgan Chase (JPM) – JPMorgan beat estimates by 32 cents with quarterly earnings of $3.33 per share. Wells Fargo (WFC) – Wells Fargo gained 2.3% in the premarket after beating estimates on the top and bottom lines for the fourth quarter.

Wells Fargo earned an adjusted $1.25 per share, 12 cents above estimates. Macau casino stocks rallied in premarket trading after Macau's government said it would limit the number of casino licenses to six. Las Vegas Sands, Wynn Resorts, Melco Entertainment (MLCO) and MGM Resorts (MGM)

Walt Disney lost 1.6% in premarket trading after Guggenheim downgraded the stock to "neutral" from "buy" Boston Beer tumbled 8% in the premarket after the brewer cut its annual earnings outlook. Virgin Orbit successfully launched seven small satellites Thursday.

Bausch Health rallied 3.2% in the premarket following news that its Bausch + Lomb eyecare unit filed to go public. BJ's shares lost 3% in premarket action after J.P. Morgan Securities downgraded the warehouse retailer's stock to "underweight"
Posted by
Tap to Copy the Short Url to This Post: 
One-Stop Business News backed by Mark Cuban. Free to Use →