Here are some of the companies with shares expected to trade actively in Monday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
Goldman Sachs Group Inc. GS -2.76% —Down 2.1% premarket: Malaysian authorities on Monday filed criminal charges against Goldman Sachs and a former partner of the bank in connection with the 1MDB financial scandal, the country’s attorney general said in a statement.
Best Buy Co. Inc. —Down 6.3% premarket: Bank of America cut Best Buy BBY -5.67% to underperform from neutral, lowering its price target to $50 a share from $70.
Alphabet Inc. GOOGL -2.48% —Down 0.4% premarket: Alphabet unit Google announced a major real estate expansion in New York City that will make the company one of the city’s largest commercial tenants and add thousands of jobs in coming years.
Jack in the Box Inc. JACK 2.12% —Up 5.2% premarket: The company’s board is looking at strategic alternatives and has talked to possible buyers about the company selling itself, the company said Monday.
Boeing Co. BA -0.82% —Down 0.6% premarket: Boeing opened a new Chinese production facility, as the American aviation company tries to cater to its top export market while steering clear of the tensions battering U.S.-China relations.
PG&E Corp. PCG -6.04% —Down 5.4% premarket: The embattled California utility company falsified natural gas pipeline-safety records over a five-year period ended in 2017, California regulators said late Friday. Shares have plummeted about 40% this year as the company struggles to manage lawsuits blaming it for wildfires.
Johnson & Johnson JNJ -2.90% —Down 2.1% premarket: The health-care giant lost $39.8 billion in market value Friday after Reuters reported executives knew for years that the company’s baby powder sometimes contained asbestos. J&J denied the claim. The stock dropped 10% Friday, its largest percentage decline since July 2002.
Citigroup Inc. C -1.40% —Down 0.3% premarket: Shares of the bank, down 26% in 2018, have closed lower for eight consecutive days, shedding nearly 16% in that time span.
Shopify Inc. SHOP -7.58% —Down 0.8% premarket: The e-commerce company’s stock sank 13% Friday after it announced the pricing of a secondary offering. Still, shares have added more than 33% in 2018.
Lululemon LULU -0.21% Athletica Inc.—Up 0.8% premarket: Stifel upgraded the stock to buy from hold, citing valuation and the potential for growth in the fiscal fourth quarter. Analysts also set a price target of $151.
