Stocks making the biggest moves premarket: Palantir, Coca-Cola, Marriott and more
Publishing timestamp: 2023-02-14 08:05:58
Summary
Several stocks made notable moves before the opening bell on Tuesday, with Palantir surging 18% after reporting its first GAAP profit in its history, Coca-Cola gaining nearly 1% after reporting revenue of $10.13 billion for the fourth quarter, and Marriott rising nearly 2% after beating estimates on top and bottom lines for the fourth quarter. Restaurant Brands dipped 3% after it reported 72 cents in earnings per share for the fourth quarter, two cents below Wall Street estimates. Occidental Petroleum rose more than 1% after Goldman Sachs upgraded it to buy from neutral. Fidelity National Information Services added more than 1% after Morgan Stanley upgraded it to overweight from equal weight. SolarEdge Technologies slid more than 4% despite beating estimates on top and bottom lines for the fourth quarter. First Solar slipped more than 2% following a downgrade from Evercore ISI. Cadence Design Systems rose 5% after beating estimates on top and bottom lines for the fourth quarter. Amkor Technology fell about 3% after its fourth quarter earnings per share came in at 67 cents, three cents below estimates. Zoetis rose about 2% after reporting $1.15 in adjusted earnings per share, matching
Sentiment: MIXED
Tickers: QSR, AMKR, FIS, PLTR, SEDG, QSR-CA, ZTS, KO, PANW, OXY, CDNS, MAR, FSLR,
Keywords: first solar inc, breaking news: markets, marriott international inc, business news, palo alto networks inc, occidental petroleum corp, markets, fidelity national information services inc, zoetis inc, earnings, restaurant brands international inc, palantir technologies inc, amkor technology inc, investment strategy, solaredge technologies inc, coca-cola co, cadence design systems inc,