Check out the companies making the biggest moves in premarket trading: Eli Lilly , ResMed — Eli Lilly’s stock moved 2% higher following the pharmaceutical giant’s announcement that its weight loss drug Zepbound showed the potential to treat patients with obstructive sleep apnea. Shares of ResMed, which makes devices to treat the sleep-related breathing disorder, tumbled nearly 4% on the news. Travelers — Shares fell nearly 5% after the insurance company reported an earnings and revenue miss for its first quarter. Earnings per share came in at $4.69 versus the $4.90 expected from analysts polled by LSEG. Revenue was $10.18 billion compared with the $10.51 billion expected. Travelers said the earnings miss was driven by an elevated level of catastrophe losses. United Airlines — The stock added 6% a day after the airline carrier reported an adjusted loss of 15 cents for the first quarter, less than the 57 cent loss expected from analysts polled by LSEG. Quarterly revenue also beat expectations. J.B. Hunt Transport Services — Shares sank 8% a day after the transportation and logistics company reported an earnings and revenue miss for its first quarter. J.B. Hunt said demand was flat and weaker than expected domestically. ASML Holding — U.S.-listed shares sank 5% after the Dutch semiconductor company posted revenue and new bookings that came in be …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making the biggest moves in premarket trading: Eli Lilly , ResMed — Eli Lilly’s stock moved 2% higher following the pharmaceutical giant’s announcement that its weight loss drug Zepbound showed the potential to treat patients with obstructive sleep apnea. Shares of ResMed, which makes devices to treat the sleep-related breathing disorder, tumbled nearly 4% on the news. Travelers — Shares fell nearly 5% after the insurance company reported an earnings and revenue miss for its first quarter. Earnings per share came in at $4.69 versus the $4.90 expected from analysts polled by LSEG. Revenue was $10.18 billion compared with the $10.51 billion expected. Travelers said the earnings miss was driven by an elevated level of catastrophe losses. United Airlines — The stock added 6% a day after the airline carrier reported an adjusted loss of 15 cents for the first quarter, less than the 57 cent loss expected from analysts polled by LSEG. Quarterly revenue also beat expectations. J.B. Hunt Transport Services — Shares sank 8% a day after the transportation and logistics company reported an earnings and revenue miss for its first quarter. J.B. Hunt said demand was flat and weaker than expected domestically. ASML Holding — U.S.-listed shares sank 5% after the Dutch semiconductor company posted revenue and new bookings that came in be …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
