Stocks making the biggest moves premarket: Goldman Sachs, Snap One, Salesforce and more

by | Apr 15, 2024 | Financial

Check out the companies making headlines before the bell. Goldman Sachs — Goldman Sachs shares jumped 3.3% in premarket trading after the company beat Wall Street’s first-quarter earnings expectations . Goldman posted earnings of $11.58 per share on revenue of $14.21 billion for the period, fueled by its trading and investment banking businesses. Analysts surveyed by LSEG had called for earnings of $8.56 per share on revenue of $12.92 billion, meanwhile. Logitech — Shares pulled back roughly 2% after Morgan Stanley downgraded the computer peripherals stock to underweight. Analyst Erik Woodring thinks the market is “mis-pricing” Logitech’s outlook and forecasts only 3% annual revenue growth through fiscal year 2027. Masimo — The health tech stock rose more than 2% following an upgrade to buy from hold at Stifel. Analyst Rick Wise said he sees “room for further share price appreciation,” citing as catalysts the bank’s business improvement and gross margin expansion opportunities. Salesforce — Shares slid nearly 3% in premarket trading, following reports from the Wall Street Journal and Reuters that the software company is in advanced talks to acquire Informatica, a data management firm. Medical Properties Trust — Shares soared 14% after the real estate investment trust said that it would sell its majority interests in five Utah hospitals to a new joint venture, with the deal coming to a total valuation of …

Article Attribution | Read More at Article Source

[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell. Goldman Sachs — Goldman Sachs shares jumped 3.3% in premarket trading after the company beat Wall Street’s first-quarter earnings expectations . Goldman posted earnings of $11.58 per share on revenue of $14.21 billion for the period, fueled by its trading and investment banking businesses. Analysts surveyed by LSEG had called for earnings of $8.56 per share on revenue of $12.92 billion, meanwhile. Logitech — Shares pulled back roughly 2% after Morgan Stanley downgraded the computer peripherals stock to underweight. Analyst Erik Woodring thinks the market is “mis-pricing” Logitech’s outlook and forecasts only 3% annual revenue growth through fiscal year 2027. Masimo — The health tech stock rose more than 2% following an upgrade to buy from hold at Stifel. Analyst Rick Wise said he sees “room for further share price appreciation,” citing as catalysts the bank’s business improvement and gross margin expansion opportunities. Salesforce — Shares slid nearly 3% in premarket trading, following reports from the Wall Street Journal and Reuters that the software company is in advanced talks to acquire Informatica, a data management firm. Medical Properties Trust — Shares soared 14% after the real estate investment trust said that it would sell its majority interests in five Utah hospitals to a new joint venture, with the deal coming to a total valuation of …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
Share This