Stocks making the biggest moves premarket: Boeing, Wells Fargo, Lyft, Nio, Disney & more

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Some of the names on the move ahead of the open.

div > div.group > p:first-child"> Walgreens Boots Alliance — The drugstore chain operator reported adjusted quarterly profit of $1.64 per share, 8 cents a share below estimates. Revenue also missed and Walgreens cut its full-year earnings forecast, noting market challenges that have accelerated.

Dow Inc. — Dow will begin trading today on the New York Stock Exchange, following its separation from DowDupont. The materials sciences company's stock will also replace DowDupont in the Dow Jones Industrial Average as of today. A third company, Corteva Agriscience, will be separated from DowDupont on June 1, at which time DowDupont will change its name to DuPont.

Walt Disney — Disney was rated"buy" in new coverage at Rosenblatt Securities, with a price target of $150. Rosenblatt said the current valuation is"compelling," given its view that the company's Disney+ service will likely be successful.

Source: News Formal (newsformal.com)

 

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