Stocks – General Motors Surges in Pre-market; Facebook, EBay, Sprint Soar


Stocks - General Motors Surges in Pre-market; Facebook, EBay, Sprint Soar – Stocks in focus in pre-market trade Wednesday:

• General Motors (NYSE:GM) stock surged 10.17% by 8:11 AM ET (12:11 GMT) as the company reported record diluted-adjusted earnings per share for the third quarter, blowing past consensus.

• Facebook (NASDAQ:FB) stock gained 5.17% after the company forecast that margins would stop shrinking after 2019 as costs from scandals ease up.

• Alphabet (NASDAQ:GOOGL) stock advanced 1.71% after its Waymo unit became the first company to receive a permit from the state of California to test driverless vehicles without a backup driver in the front seat.

• EBay (NASDAQ:EBAY) stock jumped 6.02% as third-quarter profit beat estimates.

• Sprint (NYSE:S) stock soared 6.51% after the company reported quarterly results that topped consensus on the top and bottom lines and added more new subscribers than expected.

• Electronic Arts (NASDAQ:EA) stock fell 4.04% after the company provided revenue guidance for the current holiday quarter that missed expectations.

• Arconic (NYSE:ARNC) soared 7.36% after Reuters reported that the company was in advanced talks to be acquired by Apollo Global Management for more than $11 billion.

• T-Mobile (NASDAQ:TMUS) jumped 4.91% after the company released a strong quarterly earnings report and added more subscribers than expected.

IQ Option accept all countries except Australia, Belgium, Israel, Iran, Canada, Latvia, Pakistan, Palestine, Russia, North Korea, Syria, Sudan, USA, Turkey and Japan. Also on iOS mobile app cannot trade users from: Malta, Cyprus, Dominican Republic; Android app is not available for: Malta, Cyprus, Myanmar, Liechtenstein, Cuba and Dominican Republic.


Please enter your comment!
Please enter your name here