Stocks making the biggest moves premarket: Netflix, Alphabet, Nordstrom, PagerDuty and more
Publishing timestamp: 2023-01-20 09:09:57
Summary
Netflix, Alphabet, Eli Lilly, Ralph Lauren, Regeneron Pharmaceuticals, PagerDuty, Salesforce, Nordstrom, Macy's, Kohl's, Dillard's, and Costco all made headlines before the bell. Netflix stock jumped 6% after missing earnings expectations but adding more subscribers than expected. Alphabet saw a 3.6% rise after announcing layoffs. Eli Lilly's stock slumped 1% after the FDA rejected its experimental Alzheimer's drug. Ralph Lauren, PagerDuty, and Regeneron Pharmaceuticals all saw stock rises after being upgraded by analysts. Salesforce dipped 1% after Cowen downgraded it. Nordstrom's stock fell 7% after announcing a 3.5% drop in holiday sales and lowering its earnings outlook. Macy's, Kohl's, and Dillard's stocks also fell following Nordstrom's announcement. Finally, Costco's stock rose 1% after announcing a $4 billion stock repurchase program.
Sentiment: MIXED
Tickers: KSS, JWN, PVH, COST, M, REGN, RL, LLY, GOOGL, PD, NFLX, CRM, DDS,
Keywords: market insider, alphabet class a, regeneron pharmaceuticals inc, costco wholesale corp, markets, macy's inc, kohl's corp, economy, pagerduty inc, ralph lauren corp, salesforce inc, netflix inc, nordstrom inc, business news, pvh corp, eli lilly and co, breaking news: markets, stock markets, business, dillard's inc,