Stocks - JPMorgan, Wells Fargo, UnitedHealth, Delta Airlines Fall in Premarket

Investing.com

January 15, 2019 at 3:24 a.m.

Investing.com - Stocks in focus in premarket trade Tuesday:

• JPMorgan (NYSE:JPM) stock fell 2.62% by 8:11 AM ET (13:11 GMT) after the bank reported fourth-quarter results that missed consensus on the top and bottom lines.

• Wells Fargo (NYSE:WFC) stock slipped 0.33% after fourth-quarter earnings topped consensus but revenue missed.

• UnitedHealth Group (NYSE:UNH) stock lost 1.03% despite the fact that the company reported fourth-quarter results that beat consensus on the top and bottom lines.

• Intel (NASDAQ:INTC) stock was little changed after Aicha Evans, senior vice president and chief strategy officer, left the company to run a self-driving car startup called Zoox.

• Energizer Holdings (NYSE:ENR) stock lost 0.95% even though the company reported preliminary earnings for its fiscal first quarter that beat analysts’ estimates.

• Dave & Buster’s Entertainment (NASDAQ:PLAY) stock jumped 6.74% as the company lifted its guidance for fiscal 2018 annual revenue and income.

• Delta Airlines (NYSE:DAL) stock declined 1.57% as quarterly revenue missed estimates and Chief Executive Ed Bastian told CNBC that the partial government shutdown could cost the airline approximately $25 million in revenue this month.

• Washington Federal Inc (NASDAQ:WAFD) stock could see movement in the regular session after company reported quarterly earnings and revenue that beat analysts’ expectations.

• Micron Technology (NASDAQ:MU) stock rose 0.95% after the company exercised its right to buy out Intel in their IM Flash Technologies joint venture.

• Ford Motor (NYSE:F) stock gained 0.95% amid expectations that it will announce its long-anticipated alliance with Volkswagen on commercial vehicles, which some expect to develop into collaboration on electric and self-driving technology.

• American Outdoor Brands (NASDAQ:AOBC) stock could see movement in the regular session after the company acquired LaserLyte.

Top Picks 2019- McCormick & Company MKC

Top Picks 2019- Smith & Nephew plc SNN

Top Picks 2019- General Electric and Janus Henderson GE JNS

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