Stocks – Lockheed Martin, Amazon, JP Morgan Gain in Premarket; Aphria Soars

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Stocks - Lockheed Martin, Amazon, JP Morgan Gain in Premarket; Aphria Soars

Investing.com – Stocks in focus in premarket trade Friday:

• Lockheed Martin (NYSE:LMT) stock gained 1.05% by 8:02 AM ET (13:02 GMT) after the Pentagon awarded the company a $712 million defense contract.

• JP Morgan (NYSE:JPM) stock rose 0.68% despite news that the Hong Kong Monetary Authority fined its local unit $1.6 million for failing to meet anti-money laundering and counter-terrorist financing laws.

• Amazon.com (NASDAQ:AMZN) stock advanced 0.67% as the company entered talks with Sinclair Broadcast Group to make a joint bid for the New York Yankees’ regional sports network Yes, according to The Wall Street Journal.

• Aphria (NYSE:APHA) stock soared 11.31% as the company rejected Green Growth’s takeover offer as insufficient and Green Growth prepares a hostile bid.

• Transocean (NYSE:RIG) stock gained 3.13% after announcing two contracts with Chevron (NYSE:CVX).

• First Republic Bank (NYSE:FRC) stock traded up 3.86% as the company was set to replace Scana (NYSE:SCG) in the S&P 500 on Jan. 2.

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.

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