Here are some of the companies with shares expected to trade actively in Wednesday’s session
Here are some of the companies with shares expected to trade actively in Wednesday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
Twitter Inc. TWTR -0.34% —Up 0.3% premarket: Twitter plans to expand its rules to no longer allow content that treats others as subhuman in its latest attempt to replace toxic speech with healthier discourse.
Nike Inc. NKE -1.29% —Down 2.8% premarket: The sportswear maker’s expenses increased last quarter, disappointing investors despite the company delivering a 10% rise in sales in the same period.
KB Home KBH -3.08% —Up 5.2% premarket: The home builder posted better-than-expected profits in its latest earnings report.
Nielsen Holdings NLSN 2.79% PLC—Up 2.6% premarket: The TV-ratings company, which is exploring a sale or spinoff under pressure from activist hedge fund Elliott Management, has drawn interest from Blackstone and the Carlyle Group , Bloomberg reported.
Snap Inc. SNAP -0.66% —Up 0.2% premarket: A series of departures continues, with Mary Ritti, Snap’s vice president of corporate communications, writing to staff last week that she would be leaving at the end of the year.
Delta Air Lines Inc. —Up 0.1% premarket: Delta briefly halted U.S. domestic departures on Tuesday evening because of what the carrier said was a problem with its computer network. Technical problems have prompted Delta to cancel flights en masse several times in recent years.
Rite Aid Corp.—Up 1.6% premarket: Rite Aid, weighed down by too much debt, has a clear opportunity to fix itself and in doing so, reshape the pharmacy-benefits-manager business, wrote Charley Grant in a Heard on the Street column.
CarMax Inc. —Up 3.5% premarket: The used-car retailer beat earnings and sales expectations for its second quarter, with its increase in profit due to a decrease in the tax rate to 23.7% from 37.5% in the same quarter last year.
Merck & Co. Inc.—Down 0.4% premarket: Chief Executive Kenneth Frazier will continue leading the pharmaceutical firm after he turns 65, after the company’s board decided to no longer require the CEO to retire at that age.
CBS Corp. —Unchanged premarket: The company said that its board of directors has named Richard Parsons interim chairman, and two other longtime directors have resigned, in the latest significant change in the broadcaster’s ranks.
