Stocks – Canada Goose Flies Higher Premarket; PG&E, Aphria Slide


Stocks - Canada Goose Flies Higher Premarket; PG&E, Aphria Slide – Stocks in focus in premarket trade Friday:

• Aphria (NYSE:APHA) fell 7.6% at 8:30 AM ET (13:30 GMT) as investor doubts grew about Green Growth’s hostile takeover bid for the cannabis company.

• Canada Goose Holdings (NYSE:GOOS) soared 9% following reports of large crowds at its Beijing store, which opened doors Friday.

• Pacific Gas & Electric (NYSE:PCG) slumped 4.4% after California’s attorney general said the utility could face charges if it is found that reckless operation of equipment caused recent wildfires.

• Spotify (NYSE:SPOT) rose 1.2% after MKM Partners said the stock looks attractive at the current valuation, reported. MKM has a buy rating on the stock and a $200 price target.

• Amazon (NASDAQ:AMZN) gained 2%. The company is planning on expanding Whole Foods stores across the country, The Wall Street Journal reported.

• Verizon (NYSE:VZ) climbed 0.7% and Disney rose 1.9% after the companies came to an agreement that avoided a blackout of Disney-owned channels like ESPN on the Verizon Fios cable network.

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