Stocks making the biggest moves premarket: Dell, New York Community Bancorp, HP and more

by | Mar 1, 2024 | Financial

Check out the companies making headlines before the bell. New York Community Bancorp — Shares fell more than 20% after the regional bank disclosed on Thursday evening that it had found issues with its “internal controls.” NYCB also announced a CEO change, effective immediately. Goodrx — Shares added 5.4% after JPMorgan upgraded the digital health-care platform to overweight from neutral, saying concerns about a shifting pharmacy reimbursement model are overdone. GoodRx’s 2024 guidance is a positive inflection point and proof of credibility, the firm added. Dell – Shares surged 26%in premarket trading after the computer maker reported fourth-quarter earnings of $2.20 per share, excluding items, on revenue of $22.32 billion, which exceeded analysts’ earnings expectations of $1.73 per share on revenue of $22.16 billion, according to LSEG. Hewlett Packard Enterprise — The information technology stock shed 4.4% following a mixed earnings report for the fiscal first quarter. The company topped analysts’ expectations for earnings per share by 3 cents, according to LSEG. But Hewlett Packard posted $6.76 billion in revenue, under the Wall Street forecast of $7.11 billion. The firm also gave weaker guidance for the current quarter. Plug Power — The stock fell more than 5% after disappointing results. But the hydrogen fuel cell company said it has sufficient cash to keep operating, despite a wider-than-expected loss of $2.30 per …

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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell. New York Community Bancorp — Shares fell more than 20% after the regional bank disclosed on Thursday evening that it had found issues with its “internal controls.” NYCB also announced a CEO change, effective immediately. Goodrx — Shares added 5.4% after JPMorgan upgraded the digital health-care platform to overweight from neutral, saying concerns about a shifting pharmacy reimbursement model are overdone. GoodRx’s 2024 guidance is a positive inflection point and proof of credibility, the firm added. Dell – Shares surged 26%in premarket trading after the computer maker reported fourth-quarter earnings of $2.20 per share, excluding items, on revenue of $22.32 billion, which exceeded analysts’ earnings expectations of $1.73 per share on revenue of $22.16 billion, according to LSEG. Hewlett Packard Enterprise — The information technology stock shed 4.4% following a mixed earnings report for the fiscal first quarter. The company topped analysts’ expectations for earnings per share by 3 cents, according to LSEG. But Hewlett Packard posted $6.76 billion in revenue, under the Wall Street forecast of $7.11 billion. The firm also gave weaker guidance for the current quarter. Plug Power — The stock fell more than 5% after disappointing results. But the hydrogen fuel cell company said it has sufficient cash to keep operating, despite a wider-than-expected loss of $2.30 per …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
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