Hot Stocks to Watch in the U.S. and Canada
August 01 2017 - 9:10AM
Dow Jones News
By Ezequiel Minaya
Among the companies with shares expected to trade actively in
Tuesday's session are Sprint Corp. (S), Pfizer Inc. (PFE), Under
Armour Inc. (UAA), and Royal Caribbean Cruises Ltd. (RCL).
Shares of Sprint rose more than 3% in premarket trading after
the wireless company reported earnings for its fiscal first quarter
above Wall Street expectations. The company posted profit for the
first time since 2014.
Pfizer's shares edged lower to $33.10 in premarket trading as
the drug maker said sales continued to fall in its second quarter
amid increased competition from biosimilars.
Under Armour slipped 2.4% in premarket trading to $19.56 after
the company lowered its full-year outlook and said it would cut
roughly 2% of its global workforce, or about 280 jobs, as it
restructures amid a more challenging sports retail environment.
Shares in Royal Caribbean rose 3.7% to $117.25 in premarket
trading after the cruise operator beat second-quarter profit and
sales expectations and raised its earnings outlook. Total revenue
increased 8.6% to $2.19 billion, in line with analyst estimates, as
better-than-expected passenger ticket revenue offset a miss in
onboard and other revenue.
Write to Ezequiel Minaya at Ezequiel.Minaya@wsj.com
(END) Dow Jones Newswires
August 01, 2017 08:55 ET (12:55 GMT)
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