During Market hours Yesterday — (Wednesday – 20.10.2021):

  • The Dow (Symbol: DIA) recovered 0.44%. The S&P 500 (Symbol: SPY) rose 0.39% and the Nasdaq (Symbol: QQQ) went down 0.13%.
  • Pinterest (Symbol: PINS) – Shares of the social media company rallied 12.7% following a Bloomberg News report that said PayPal may acquire Pinterest. PayPal (Symbol: PYPL) shares fell 4.9%.
  • ProShares Bitcoin Strategy ETF (Symbol: BITO) – The bitcoin futures ETF gained 3.2% in its second day of trading as the price of bitcoin rallied to an all-time high. The fund tracks contracts speculating on the future price of bitcoin.
  • Anthem (Symbol: ANTM) – Shares of the insurance company popped 7.7% in midday trading after Anthem reported better-than-expected quarterly results. Anthem earned $6.79 per share, topping estimates by 42 cents, according to Refinitiv. Anthem made $35.55 billion in revenue, higher than the forecast $35.3 billion.
  • Omnicom Group (Symbol: OMC) – Omnicom shares slipped 2.2% following the media company’s third-quarter financial results. The company posted profit of $1.65 per share versus $1.37 analysts surveyed by StreetAccount were expecting. Revenue came in at $3.44 billion, slightly short of the $3.46 billion analyst estimate.
  • Winnebago (Symbol: WGO) – Winnebago’s stock dropped 3.1% after the company beating top- and bottom-line estimates during its fiscal fourth quarter. The RV maker earned $2.57 per share excluding items on $1.04 billion in revenue.
  • Abbott Laboratories (Symbol: ABT) – Shares of the pharmaceutical company rose nearly 3.3% in midday trading after beating on the top and bottom lines of its quarterly results. Abbott earned an adjusted $1.40 per share, topping estimates of 95 cents per share, according to Refinitiv. Revenue came in at $10.93 billion, higher than the forecast $9.56 billion.
  • Signature Bank (Symbol: SBNY) – Shares of New York-based Signature Bank rose 4.4% after the company beat quarterly earnings expectations. The bank reported earnings of $3.88 per share versus the StreetAccount consensus of $3.72 per share.
  • WD-40 (Symbol: WDFC) – Shares of the lubricant maker sank 8.7% after missing on the top and bottom lines of its quarterly results.

During Premarket hours today (Thursday – 21.10.2021):

              U.S. weekly jobless claims total 290,000, vs 300,000 estimate

  • AT&T (Symbol: T) – AT&T rose 1.5% in premarket trading, after the company beat estimates by 9 cents with an adjusted quarterly profit of 87 cents per share. Revenue also came in above analyst forecasts.
  • Blackstone (Symbol: BX) – The private equity firm stock gained 2.8% in premarket action, after earnings per share came in at $1.28, topping a consensus estimate of 91 cents. Blackstone benefited from strong investment performance, among other factors.
  • Dow Inc. (Symbol: DOW) – The chemical maker came in 19 cents above estimates with an adjusted third-quarter profit of $2.75 per share, with revenue also above estimates. The stock rose 1.2% in premarket trading.
  • Quest Diagnostics (Symbol: DGX) – The medical lab operator saw its shares jump 3.4% in the premarket following better-than-expected quarterly results. Quest earned an adjusted $3.96 per share, compared to a consensus estimate of $2.88 per share.
  • Crocs (Symbol: CROX) – Crocs surged 11.1% in the premarket, following adjusted quarterly earnings of $2.47 per share compared to a $1.88 consensus estimate.
  • IBM (Symbol: IBM) – IBM beat estimates by 2 cents with adjusted quarterly earnings of $2.52 per share, but revenue fell below analyst forecasts amid some weakness in the company’s cloud business and a pullback in client spending. IBM slid 5% in premarket trading.
  • CSX (Symbol: CSX) – CSX reported quarterly earnings of 43 cents per share, 5 cents above estimates, with the railroad operator’s revenue exceeding estimates as well. The beat was driven by an increase in shipping volumes that was 3% above the strong year-ago level. CSX shares rallied 3.9% in premarket trading.
  • Tenet Healthcare (Symbol: THC) – Tenet earned an adjusted $1.99 per share for its latest quarter, well above the $1.02 consensus estimate, and the hospital operator also reported better than expected revenue as well as raising its full-year earnings forecast. The stock jumped 4% in premarket action.
  • Unilever (Symbol: UL) – Unilever gained 1.3% in premarket trading after the consumer products giant reported better than expected quarterly results.

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